Nigeria’s electricity subsidy has surged to N1.98 trillion, intensifying public concern as discussions over a fresh tariff increase gain momentum. The rising cost of electricity has added pressure on both government finances and households already struggling with high energy bills.
The government has been under scrutiny over its handling of power tariffs, with critics arguing that the subsidy is unsustainable and could strain the national budget further. Energy experts warn that any additional tariff hike may worsen the financial burden on consumers while potentially affecting industrial operations.
Meanwhile, power distribution companies (DisCos) have called for tariff adjustments, citing rising operational costs and infrastructure maintenance needs. These developments have heightened tensions among stakeholders, including consumer advocacy groups, policymakers, and industry players.
As the debate continues, Nigerians await official communication on any new electricity pricing policy. The situation underscores the urgent need for sustainable power sector reforms to balance affordability, investment, and economic growth.
