The Federal Government has dismissed reports suggesting that electricity tariffs are set to rise, insisting that there is no plan to increase charges for consumers in any service band.
The Special Adviser to the President on Power Infrastructure in the Office of the Vice President, Sadiq Wanka, clarified this in a statement issued on Saturday following reports about comments he made at a recent power sector event.
Wanka said his remarks had been taken out of context, stressing that the government remained committed to shielding vulnerable electricity consumers from higher costs.
“There is no planned tariff hike for any grid consumer across any service band. The government remains committed to protecting vulnerable households through continued tariff support,” he stated.
According to the statement, Wanka’s comments were made during a presentation at the Asharami Square 3.0 event held in Lagos on July 22, 2026.
The presentation, the government explained, centred on investment opportunities in Nigeria’s electricity sector and the reforms being pursued to attract more private capital across the power value chain.
“The Special Adviser’s comments were made during a presentation… where he addressed investment opportunities in the power sector and how the Federal Government’s reform programme has opened new avenues for investors across the power value chain,” the statement read.
Wanka also restated the tariff policy contained in the National Integrated Electricity Policy (NIEP), which was finalised in December 2024 and subsequently approved by the Federal Executive Council in May 2025.
“In that context, he reaffirmed the tariff policy direction set out in the National Integrated Electricity Policy… a long-standing, publicly available policy of gradually transitioning to cost-reflective tariffs, already implemented for ‘Band A’ electricity consumers,” the statement added.
