The Federal Government has unveiled plans to review electricity tariffs for consumers in Bands B and C, in an effort to address billing disparities and attract more investment into the power sector.

The Minister of Power, Adebayo Adelabu, made this announcement on Thursday, February 27, during the presentation of the National Integrated Electricity Policy and Nigeria Integrated Resource Plan in Abuja.

Not Necessarily a Tariff Increase

Adelabu clarified that the review does not automatically mean a price hike, but rather an adjustment to improve the system.

"We will look at the tariff again. I am not saying that we’re going to increase the tariff before I am misquoted," he stated.

According to the minister, the reform is necessary to sustain the growth of the electricity sector and upgrade ageing power infrastructure across the country.

“We are going to look at it and see how we can improve upon our modest achievement of last year, not only to ensure that we grow the sector but also to invest more in revamping all these dilapidated infrastructures,” he added.

DisCos Blamed for Slow Band A Migration

Adelabu also criticized electricity distribution companies (DisCos) for their lack of investment, which has slowed the migration of consumers to Band A, where electricity supply is more stable.

“The migration to Band A should have been faster, but we found out that the DisCos refuse to invest. They have refused to invest in this sector,” he said.

What This Means for Consumers

The government’s tariff review plan is part of a broader reform to create a more stable, efficient, and investor-friendly electricity market in Nigeria. However, consumers in Bands B and C should prepare for possible adjustments in pricing, billing structures, or service improvements in the coming months.