Nigeria’s Minister of Power, Adebayo Adelabu, has announced that the country’s available power generation will increase to 7,000 megawatts (MW) with the planned electricity tariff adjustment. This follows Nigeria’s recent record peak power generation of 5,801.84MW.
According to a statement by his adviser, Bolaji Tunji, Adelabu explained that adjusting electricity tariffs is necessary for improving power generation and distribution.
He noted that the government must address a shortfall of ₦1.94 trillion in 2024 and settle ₦2 trillion in debts owed to power generation companies (GENCOs).
Adelabu emphasized that regularizing tariffs will help Nigerians get better electricity supply, bringing the country closer to a stable and efficient power sector.
The minister also highlighted recent improvements in power generation:
- Available power generation has reached 6,003MW, the highest in Nigeria’s history.
- Peak electricity generation hit 5,801.84MW last week.
- Daily maximum energy output reached 128,370.75 megawatt-hours (MWh).
He attributed these achievements to ongoing reforms, upgrades to power infrastructure, and better collaboration among stakeholders.
The government plans to increase electricity tariffs for customers in Bands B, C, and D to improve funding for the sector and reduce subsidy costs. This move aims to narrow the gap between these customers and Band A users, who already pay higher rates for better electricity supply.
Adelabu stressed that these achievements are not just numbers but represent real progress toward a future where Nigerian businesses and households enjoy stable electricity.
He called for continued cooperation among the government, private companies, and the public to sustain these improvements.
With the planned tariff adjustment, the minister is optimistic that Nigeria will soon achieve a reliable and efficient power supply for all.
