The federal government says plans are ongoing to increase electricity tariffs "over the next few months".

allAfrica

South Africa

Nigeria: Govt Plans Fresh Electricity Tariff Hike

Media Bias/Fact Check

Amadou Mahtar Ba

The federal government has cleared the air regarding reported plans to hike electricity tariffs again. The government says it currently spends N200bn on subsidies.

Legit.ng - Nigeria news.

Ikeja

Lagos

Nigeria

FG opens up on rumoured 65% hike in electricity tariff, says N200bn spent on subsidy monthly

The Federal Government has announced plans to increase electricity tariffs in the coming months, citing the need for a cost-reflective pricing model to attract private investment into the power sector. Special Adviser to the President on Energy, Olu Verheijen, disclosed this at the Africa Heads of State Energy Summit in Dar es Salaam, Tanzania, where Nigeria presented a $32billion plan to expand electricity connections by 2030. Verheijen emphasi…

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Sam Nda-Isaiah

Abuja

Municipal Area Coun

Federal Capital Territory

Be Ready For Fresh Electricity Tariff Hike, Federal Gov’t Tells Nigerians

Tribune Online Why we may increase electricity tariffs — FG The Federal Government has disclosed ongoing plans to increase electricity tariffs “over the next few months”. The Special Adviser to President Bola Tinubu on Energy, Olu Verheijen, stated this at the Africa Heads of State Energy Summit in Dar es Salaam, Tanzania, where Nigeria presented a $32 billion plan to expand electricity connections by 2030. […] Why we may increase electricity ta…

Tribune Online

Why we may increase electricity tariffs

Nigeria’s electricity tariffs will increase within months, according to Olu Verheijen, special adviser to President Bola Tinubu on energy. She made the announcement at the Africa Heads of State Energy Summit in Dar es Salaam, Tanzania, as reported by Bloomberg on Friday. On April 3, 2024, the federal government approved a threefold increase in electricity tariffs for Band A customers. Verheijen stated that power prices must rise by about two-thi…

News Central - Latest Africa News

Nigerians to Expect Another Electricity Tariff Hike Soon

The post Nigerian govt hints at fresh hike in electricity hike appeared first on Kemi Filani. The Federal Government has admitted they are plans to increase electricity tariffs “over the next few months”. Bloomberg quoted the Special Adviser to President Bola Tinubu on Energy, Olu Verheijen, as giving this hint at the Africa Heads of State Energy Summit in Dar es Salaam, Tanzania, where Nigeria presented a $32 billion plan to […] The post Nigeri…

Kemi Filani News

Nigerian govt hints at fresh hike in electricity hike

The Federal Government has revealed ongoing plans to hike electricity tariffs “over the next few months”. The Special Adviser to President Bola Tinubu on Energy, Olu Verheijen, made this known at the Africa Heads of State Energy Summit in Dar es Salaam, Tanzania, where Nigeria presented a $32 billion plan to expand electricity connections by […] The post Why we may further increase electricity tariffs – FG first appeared on Business Hallmark.

Business Hallmark

Why we may further increase electricity tariffs

(AFRICAN EXAMINER) – The Federal Government says Nigerians should brace up for fresh electricity tariffs in months.  President Bola Tinubu’s Special Adviser on Energy, Olu Verheijen, said this in an interview in Dar es Salaam, Tanzania, according to Bloomberg. Verheijen was in Tanzania attending a World Bank-backed conference where Nigeria presented a $32 billion plan […] The post Increase In Electricity Tariffs Expected Within Months — FG first…

African Examiner

Increase In Electricity Tariffs Expected Within Months — FG

The Standard Gazette Shock as Federal Government Prepares Nigerians for Another Looming Electricity Tariff Hike The Federal Government has declared that Nigerians should be ready for a fresh electricity tariff in months. The Special Adviser to President Bola Tinubu’s Special Adviser on Energy, Olu Verheijen, stated this in an interview in Dar es Salaam, Tanzania, according to international media. Verheijen was in Tanzania attending a World Bank-…

Standard Gazette

Shock as Federal Government Prepares Nigerians for Another Looming Electricity Tariff Hike

The Federal Government has announced plans for another electricity tariff hike in the coming months, marking the second increase in less than a year. This follows a previous hike of over 300% by the Nigerian Electricity Regulatory Commission (NERC), despite growing concerns over the rising cost of living.President Bola Tinubu’s Special Adviser on Energy, Olu Verheijen, confirmed the expected increase in an interview with Bloomberg at a World Ban…

Nigeria: Govt Plans Fresh Electricity Tariff Hike

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