ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Monday, October 6, 2025
NewsOnline Nigeria
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
NewsOnline Nigeria
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
ADVERTISEMENT
Home Headline

BREAKING: President Tinubu Government Moves To Reduce Electricity Costs

Nigerians have expressed frustration over increased electricity tariffs this year, with Band A customers, guaranteed at least 20 hours of electricity supply daily, now paying N209.5 per kilowatt-hour. This increase has sparked complaints from both citizens and manufacturers.

by NewsOnline Nigeria
October 3, 2024
in Headline, Economy And Business
0
President Tinubu Government

President Tinubu Government

President Tinubu Government has moved to reduce electricity costs.

 

NewsOnline Nigeria reports that the Minister of Power, Adebayo Adelabu, has assured Nigerians that there may be a reduction in electricity costs in the coming months.

 

This comes amid ongoing efforts to improve power generation and distribution across the country.

Adelabu highlighted that, despite concerns about rising electricity tariffs, electricity remains a more affordable option compared to running generators on petrol or diesel, given current fuel prices.

 

ALSO: President Tinubu Writes NASS To Quickly Pass Tax Reform Bills

 

The minister provided these remarks on Thursday, October 5, during a courtesy visit by Mr. Tosin Adeyanju, Executive Secretary of the National Lottery Trust Fund, who led the agency’s management team to the Ministry’s headquarters in Abuja.

 

Adelabu also emphasized that, in comparison to neighboring African nations such as Togo, Mali, and Niger Republic, electricity rates in Nigeria are still the cheapest. However, he acknowledged that the low income levels in the country make electricity costs seem high for consumers.

 

Nigerians have expressed frustration over increased electricity tariffs this year, with Band A customers, guaranteed at least 20 hours of electricity supply daily, now paying N209.5 per kilowatt-hour. This increase has sparked complaints from both citizens and manufacturers.

 

Despite these challenges, Adelabu reassured the public, saying, “Nigerians can be assured of a reduction in the cost of electricity, with the current effort to step up generation and distribution of power in the country. The price of electricity is still the cheapest in Nigeria, compared to even other African nations, but the low level of income makes the cost look high to consumers.”

ADVERTISEMENT
Previous Post

BREAKING: Embattled Former Kogi Governor, Yahaya Bello For Arraignment

Next Post

BREAKING: Security Operatives Foil Attempt To Steal Election Materials In Rivers

Next Post
Election Materials In Rivers

BREAKING: Security Operatives Foil Attempt To Steal Election Materials In Rivers

Trending Stories

No Content Available

Latest Stories

Imisi

Imisi Crowned Winner of BBNaija Season 10, Bags ₦150 Million Grand Prize in Thrilling Finale

Stanbic IBTC

Stanbic IBTC’s Leadership Celebration Overshadowed by Regulatory Sanction and Investor Unease

North Central Development Commission

North Central Development Commission Speaks On ₦140bn 2025 Budget Reports

Army

Army Denies Report of Bandit Attack in Kwara, Says No Weapons Lost

Deputy Speaker Benjamin Kalu

Deputy Speaker Benjamin Kalu Vows To Defeat Otti In 2027 Abia’s Governorship Election

Fubara

Tension in Fubara’s Camp After Closed-Door Meeting With Wike in Port Harcourt

Peter Obi

Nigeria’s Future in Danger Over Education Crisis, Peter Obi Warns

Edo PDP Crisis

Edo PDP Crisis Deepens as Wike’s Loyalists Elect Parallel State Executive

ADC

BREAKING: ADC Accuses Tinubu of Insensitivity Amid Worsening Insecurity

Jonathan

Jonathan Denies Implicating Buhari in Boko Haram Remarks

ADVERTISEMENT

NEWSONLINE NIGERIA

Get the Latest Naija News, Breaking News, Top Stories, World News, Business, Politics & Entertainment from NewsOnline Nigeria.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

ALERT US

Important Press Releases, Special Investigations: [email protected]

OFFICE ADDRESS

13 Poland Street, London, United Kingdom (UK)

Copyright © 2025 NewsOnline Nigeria

No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports

Copyright © 2023 Newsonline Nigeria