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adsThe federal government has ruled out an immediate increase in electricity tariffs, saying its priority is to improve service delivery and accelerate universal metering across the country. Joseph Tegbe, Minister of Power, disclosed this after recently commissioning a 3 megawatt (MW) captive solar hybrid power project at the University of Abuja, now known as Yakubu Gowon University. “There are no immediate plans to increase electricity tariffs. Our goal is to build a commercially viable power sector while protecting vulnerable consumers,” Tegbe said at the Abuja convening. The clarification comes amid renewed concerns over a possible electricity tariff adjustment following the minister’s comments on the removal of electricity subsidies. Tegbe said the government is instead focused on improving electricity supply, expanding metering and strengthening accountability across the power value chain. adsads He said universal metering would improve billing accuracy and transparency by ensuring consumers are charged based on measured electricity consumption. The minister added that the government is addressing the structural and financial challenges facing the power sector while seeking to protect vulnerable consumers as reforms to the electricity subsidy framework continue. Related News Nigeria to assemble satellite terminals locally for NIGCOMSAT-2A and 2B Three years of Zacch Adedeji’s revenue revolution German FA chief Watzke calls for Infantino to leave FIFA presidency The newly commissioned solar hybrid project at the university was developed by the Rural Electrification Agency under Phase II of the Energising Education Programme. It comprises a 3.3MWp solar array, 3MW AC output and a 2MWh battery storage system, with dedicated grid supply available outside solar generation hours.adsads The project is expected to provide more reliable and cleaner electricity to the university community of about 58,726 students and reduce reliance on diesel-powered generators. It also includes 388 solar-powered street lights designed to improve visibility and security across the campus. Tegbe said the project reflects the government’s broader effort to improve electricity reliability while creating a financially sustainable and investment-friendly power market capable of supporting infrastructure development across the sector. The government’s long-term objective, he said, is to improve generation and distribution while delivering more reliable electricity to households, businesses and public institutions.
Feyishola Jaiyesimi Feyishola Jaiyesimi is a journalist at BusinessDay Media with over two years reporting experience. She began her journalism career as an agricultural reporter and now covers the energy sector, including oil, gas, electricity, environment, and renewables. She has been selected for professional training by the US Consulate, Lagos. She is a 2025 Dataphyte Biodiversity Reporting Fellow. Feyishola holds a bachelor’s degree in Zoology and Environmental Biology from Ekiti State University. Share Join BusinessDay whatsapp Channel, to stay up to date Open In Whatsapp
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