The Federal Government has dismissed reports suggesting it plans to increase electricity tariffs for consumers, insisting there is no proposal to raise rates for any category of grid-connected electricity users.
The Special Adviser to the President on Power Infrastructure in the Office of the Vice President, Sadiq Wanka, made this known via a statement issued on Saturday, July 25, 2026.
Wanka said media reports had misrepresented comments made during a recent presentation on reforms in the power sector.
Wanka clarified that there is no planned tariff hike for consumers in any service band, stressing that the government remains committed to protecting vulnerable households through continued electricity subsidies.
He said the remarks were made at the Asharami Square 3.0 event in Lagos on July 22, where he spoke on investment opportunities created by the federal government’s ongoing reforms across the electricity value chain.
He explained that his presentation reaffirmed the tariff policy contained in the National Integrated Electricity Policy, which was finalised in December 2024 and approved by the Federal Executive Council in May 2025.
The policy, Wanka said, outlines a gradual transition to cost-reflective electricity tariffs, a process that has already been implemented for Band A customers.
However, Wanka stressed that there are no plans to remove subsidies for consumers in other service bands.
Instead, he said the government is exploring more efficient ways of delivering electricity support while ensuring value for consumers.
The presidential aide stated: “There is no planned tariff hike for any grid consumer across any service band. Government remains committed to protecting vulnerable households through continued tariff support.
“The Special Adviser’s comments were made during a presentation at the Asharami Square 3.0 event in Lagos on 22nd July 2026, 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.
“In that context, he reaffirmed the tariff policy direction set out in the National Integrated Electricity Policy, finalized in December 2024 and approved by the Federal Executive Council in May 2025, a long-standing, publicly available policy of gradually transitioning to cost-reflective tariffs, already implemented for ‘Band A’ electricity consumers.
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“For all other consumer bands, he was clear that there is no plan to remove subsidies. Rather, Government is exploring how to deliver value and support more efficiently.”
As part of the reforms, Wanka highlighted the proposed Power Consumer Assistance Fund (PCAF), established under the Electricity Act 2023, as a mechanism for providing targeted subsidies directly to vulnerable consumers through their electricity accounts or other identity-linked channels.
He noted that the initiative is expected to improve transparency in subsidy administration while boosting investor confidence in the power sector.
The presidential aide also acknowledged the role of the media in communicating government policies, saying the President Bola Tinubu administration remains committed to engaging journalists to ensure accurate reporting of complex policy issues.
He added that the government would continue to support initiatives such as Asharami Square aimed at strengthening journalists’ understanding of public policy and reforms.
