{"id":161376,"date":"2025-05-05T08:30:28","date_gmt":"2025-05-05T07:30:28","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/prepare-for-fresh-electricity-tariffs-nigerian-govt-warns"},"modified":"2025-05-05T09:32:28","modified_gmt":"2025-05-05T08:32:28","slug":"prepare-for-fresh-electricity-tariffs-nigerian-govt-warns","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/prepare-for-fresh-electricity-tariffs-nigerian-govt-warns","title":{"rendered":"Prepare for fresh electricity tariffs \u2013 Nigerian govt warns"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>Minister of Power, Adebayo Adelabu, has warned Nigerians to prepare for the introduction of tariffs that reflect the true costs of electricity.<\/p>\n

According to him, the country\u2019s economy can no longer afford to maintain electricity subsidies.<\/p>\n

Adelabu stated this during a meeting with the Chairmen of Nigeria\u2019s Generating Companies in Abuja.<\/p>\n

\u201cWe have to understand that our economy cannot sustain subsidies indefinitely,\u201d he said.<\/p>\n

The Federal Government presently has an outstanding debt exceeding N4 trillion owed to Generating Companies (Gencos) for overdue subsidy payments.<\/p>\n

In its performance report for February, the Nigerian Electricity Regulatory Commission (NERC) indicated that the average real tariff stands at N116.18 per kilowatt-hour, whereas consumers are charged N88.2 per kilowatt-hour.<\/p>\n

In February, the subsidy cost per kilowatt-hour was represented by the gap between the real tariff and the average collection, which amounted to N27.97 kWh.<\/p>\n

All NESI customers, except for the 15 percent classified as Band A, benefit from a subsidy.<\/p>\n

Adelabu\u2019s spokesperson, Bolaji Tunji, quoted the minister as telling the power generation companies that, \u201cCitizens must pay the appropriate price for the energy consumed.<\/p>\n

\u201cThe Federal Government will continue to provide targeted subsidies for economically disadvantaged Nigerians.\u201d<\/p>\n

For More News And Analysis About Nigeria<\/span> Follow Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. Minister of Power, Adebayo Adelabu, has warned Nigerians to prepare for the introduction of tariffs that reflect the true costs of electricity. According to him, the country\u2019s economy can no longer afford to maintain electricity subsidies. Adelabu stated this during a meeting with the Chairmen of Nigeria\u2019s Generating Companies in Abuja. \u201cWe […]<\/p>\n","protected":false},"author":84,"featured_media":161375,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[11709,17117,254,227],"class_list":["post-161376","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-adebayo-adelabu","tag-electricity-tariffs","tag-nigeria","tag-nigerian-govt"],"yoast_head":"\nPrepare for fresh electricity tariffs \u2013 Nigerian govt warns - Nigeria<\/title>\n<meta name=\"description\" content=\"Minister of Power, Adebayo Adelabu, has warned Nigerians to prepare for the introduction of tariffs that reflect the tru ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/prepare-for-fresh-electricity-tariffs-nigerian-govt-warns\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Prepare for fresh electricity tariffs \u2013 Nigerian govt warns\" \/>\n<meta property=\"og:description\" content=\"Minister of Power, Adebayo Adelabu, has warned Nigerians to prepare for the introduction of tariffs that reflect the tru ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/prepare-for-fresh-electricity-tariffs-nigerian-govt-warns\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-05T07:30:28+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-05-05T08:32:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/05\/sm_1746421375.940344.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/prepare-for-fresh-electricity-tariffs-nigerian-govt-warns#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/prepare-for-fresh-electricity-tariffs-nigerian-govt-warns\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Prepare for fresh electricity tariffs \u2013 Nigerian govt warns\",\"datePublished\":\"2025-05-05T07:30:28+00:00\",\"dateModified\":\"2025-05-05T08:32:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/prepare-for-fresh-electricity-tariffs-nigerian-govt-warns\"},\"wordCount\":214,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/prepare-for-fresh-electricity-tariffs-nigerian-govt-warns#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/05\/sm_1746421375.940344.jpg\",\"keywords\":[\"Adebayo Adelabu\",\"electricity tariffs\",\"Nigeria\",\"Nigerian Govt\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/prepare-for-fresh-electricity-tariffs-nigerian-govt-warns#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/prepare-for-fresh-electricity-tariffs-nigerian-govt-warns\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/prepare-for-fresh-electricity-tariffs-nigerian-govt-warns\",\"name\":\"Prepare for fresh electricity tariffs \u2013 Nigerian govt warns - 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