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Minister of Information assures 85% of Nigerians benefit from electricity subsidies despite tariff adjustments

Federal Government Clarifies Electricity Subsidy Coverage Amid Tariff Hike Concerns

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Amidst mounting concerns over the recent electricity tariff hike, the Federal Government has clarified that approximately 85% of Nigerians continue to benefit from electricity subsidies, despite the removal of subsidies for Band A consumers.

The clarification came in response to ongoing reactions from the public following the Nigerian Electricity Regulatory Commission’s announcement of tariff adjustments, particularly for Band A customers, on April 3.

According to a statement by the Minister of Information and National Orientation, Mohammed Idris, issued through his Special Assistant (Media), Rabiu Ibrahim, the majority of the Nigerian population falls under different categorizations of the new electricity supply regime, ensuring they still receive subsidies.

Speaking as a guest on the popular Hausa audience participatory program “Hannu Da Yawa” on Radio Nigeria Kaduna, Minister Idris highlighted that the removal of electricity subsidies would save over N1 trillion, which would be reinvested in enhancing power supply and providing essential social services across the country.

Idris emphasized the disproportionate distribution of electricity subsidies, noting that approximately 40% of the subsidy benefits were previously enjoyed by only 15% of electricity consumers, consisting mainly of affluent individuals and industrial clusters receiving around 20 hours of electricity.

The minister also underscored the significance of the new Electricity Act, signed by President Tinubu, in bolstering the governance framework of the Nigerian Electricity Regulatory Commission. The act empowers the agency to impose stringent sanctions on electricity distribution companies for violations related to billing and electricity supply to consumers.

As the government aims to address concerns and enhance the efficiency of the electricity supply system, Minister Idris assured Nigerians that measures are being taken to ensure equitable access to electricity subsidies while promoting transparency and accountability in the energy sector.

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