/ Jul 01, 2026
/ Jul 01, 2026

FG considers 300 per cent electricity tariff hike

Published on

By

The administration of President Bola Tinubu is to increase energy rates by 300 per cent to reduce government spending since it can no longer afford the huge amount it pays to subsidise electricity yearly.

According to a report on Tuesday, electricity companies in Nigeria will soon have the government’s say-so to hike tariffs from N68 per kilowatt-hour to N200 per kilowatt-hour for urban consumers in April.

The urban consumers occupy about 15 per cent of the population who consume 40 per cent of the nation’s electricity, the newspaper said.

The report was based on conversations with multiple government officials who, the newspaper said, were not authorised to speak publicly on the matter.

Read Also:

Tinubu ends electricity tariff hike, insists on subsidy

Presidential aide Bayo Onanuga who said it would be premature to comment on the matter, stated that the official regulator, Nigerian Electricity Regulatory Commission would communicate feedback and necessary developments to the public.

“The regulator will make any pronouncements based on its discussion with the distribution and generating companies. The presidency cannot say anything at this stage,” Mr Onanuga told the newspaper.

With only urban consumers affected, Mr Tinubu will only now continue to subsidise electricity tariffs for persons in rural areas.

In February, Minister of Power Adebayo Adelabu said that the federal government could no longer shoulder the burden of subsidising electricity for Nigerians, noting that the government’s power debt to generating companies had ballooned to more than 1.3 trillion naira.

Since Mr Adelabu assumed office last year, he had been clamouring for the government to scrap the electricity subsidy to reduce the debt burden of the power ministry, which he said was not sustainable for the sector.

It is unclear exactly how the citizens will react to the planned hike as the majority of them have yet to recover from the suffering triggered by fuel subsidy removal last year.

You May Like

5 thoughts on “FG considers 300 per cent electricity tariff hike

  1. В лабиринте азарта, где каждый ресурс стремится зацепить заверениями легких джекпотов, рейтинг интернет казино россия
    является той самой ориентиром, которая ведет мимо заросли рисков. Тем ветеранов плюс новичков, кто надоел из-за пустых обещаний, он средство, дабы увидеть подлинную отдачу, словно тяжесть выигрышной фишки на ладони. Обходя ненужной ерунды, лишь проверенные клубы, где отдача не просто показатель, а ощутимая удача.Составлено по гугловых поисков, словно паутина, что захватывает самые актуальные тренды в рунете. Тут нет места к стандартных приёмов, любой момент словно карта у покере, в котором подвох раскрывается мгновенно. Игроки видят: по стране стиль речи с подтекстом, где сарказм маскируется как совет, помогает миновать рисков.На https://dev.to/diana_tzaregorodceva_4f24/top-onlain-kazino-na-dienghi-s-vyvodom-2026-bystryie-vyplaty-1d80 этот список лежит будто готовая карта, приготовленный на старту. Загляни, если желаешь увидеть биение реальной игры, минуя мифов и провалов. Тем тех знает ощущение удачи, это как взять ставку на пальцах, а не пялиться на монитор.

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Must Read

US President Donald Trump addressing reporters in the White House briefing room during a statement on the US-Iran peace agreement announcement.

Trump loses Supreme Court bid to end US birthright citizenship

The US Supreme Court has rejected President Donald Trump’s attempt to end automatic birthright citizenship, ruling that children born on American soil remain entitled to US citizenship regardless of their parents’ immigration status.   In a 6-3 decision delivered on the final day of its term, the court upheld the long-standing interpretation of the 14th Amendment’s Citizenship Clause, which grants citizenship to nearly everyone born in the United States. The ruling marks another significant legal setback for Trump’s immigration agenda. According to AFP, the case centred on an executive order Trump signed on the first day of his second term, seeking to deny automatic citizenship to children born in the United States to parents who were in the country illegally or on temporary visas. Lower courts had previously blocked the order, finding it inconsistent with the Constitution. Writing for the majority, Chief Justice John Roberts said children born in the United States to parents who are unlawfully or temporarily present are “subject to the jurisdiction” of the country and are therefore citizens at birth under the 14th Amendment. Trump personally attended oral arguments before the Supreme Court in April, an unusual move for a sitting US president. His administration argued that unrestricted birthright citizenship encourages illegal immigration and so-called “birth tourism”, where foreign nationals travel to the United States primarily to give birth. The administration also contended that the 14th Amendment, adopted after the American Civil War, was intended to guarantee citizenship for formerly enslaved people rather than the children of undocumented migrants or temporary visitors. However, the Supreme Court reaffirmed the constitutional interpretation established in the landmark 1898 Wong Kim Ark case. In that ruling, the court held that a man born in San Francisco to Chinese immigrant parents was a US citizen by birth despite later immigration disputes. The latest judgment reinforces that precedent and preserves the constitutional guarantee of birthright citizenship. The decision is the third major defeat for Trump at the Supreme Court this term. Earlier this year, the justices struck down most of his global tariff measures and also blocked his attempt to remove Federal Reserve Governor Lisa Cook.
Read more

Editor's Pick

Trending News

Newsletter

Enter your email address and receive notifications of news by email.

You have been successfully Subscribed! Ops! Something went wrong, please try again.

© 2026 GongNews. All Rights Reserved.