…the removal of the petrol subsidy, reforms to the foreign exchange market and changes to electricity tariffs. The Federal Government has repeatedly defended the reforms as necessary to address distortions that had weighed on public finances, discouraged investment and placed pressure on foreign exchange reserves. Howev…

…by its Chairman, Waheed Lawal. According to the coalition, “any substantial increase in electricity tariffs could raise production costs, reduce disposable income and place additional pressure on small and medium-sized businesses.” The group therefore urged the Federal Government to address structural challenges in the…

Federal Government assures no immediate increase in electricity tariffs amid ongoing power sector reforms5,000 youths to support nationwide prepaid meter installation through the Presidential Metering InitiativeNigeria generates about 5,000MW of electricity, signalling progress in the reforms for reliable supplyPAY ATT…

…Nigerians will not be deprived of any benefits. He also ruled out any plans to increase electricity tariffs in the immediate term.Nigeria's power sector has long been weighed down by a gap between what distribution companies collect from consumers and what it actually costs to generate and transmit electricity, a short…

…battling record inflation, soaring food prices, rising transportation costs, crippling electricity tariffs, stagnant incomes and widespread unemployment, the Tinubu administration has chosen to make education even more expensive. “A government that genuinely believes in the future of its people does not erect financial…

…implementation arrangements and unmet programme conditions, including reforms linked to electricity tariffs and sector financing. Education and healthcare also account for a substantial portion of Tinubu's World Bank borrowing. In September 2023, the World Bank approved the $700m Adolescent Girls Initiative for Learnin…

…report, stating that the subsidy arose from the Federal Government's decision to retain electricity tariffs at the July 2024 rates instead of implementing cost-reflective tariffs. According to the report, the tariff shortfall stood at N126.48bn in January, N116.34bn in February and N115.50bn in March, bringing the tota…

…towards the end of April, consumers have continued to express concerns over high electricity tariffs, estimated billing, and poor service delivery. Stakeholders have also continued to advocate improved metering, reduced energy theft, and stronger infrastructure investment to enhance the financial and operational perfor…