Politics

Minister of Power Assures Nigerians of Potential Reduction in Electricity Costs

Share
Share

The Minister of , Adebayo Adelabu, has assured Nigerians that the cost of electricity may see a reduction in the coming months, as efforts are being made to improve the generation and distribution of power across the . This statement comes amid concerns over the rising cost of and expenses.

During a courtesy visit from the Executive Secretary of the Lottery Trust , Mr. Tosin Adeyanju, and his management team at the Ministry’s headquarters in Abuja on Thursday, the Minister emphasized that electricity significantly cheaper than the cost of running generators on petrol or diesel, given the current . He reassured Nigerians that the government is committed to stabilizing and improving the power sector to alleviate the financial burden on .

  SAG-AFTRA President Fran Drescher Re-Elected Amid Ongoing Strikes and Industry Challenges

Adelabu also highlighted that, despite the faced by the energy sector, Nigeria’s electricity prices are still among the lowest in Africa. He pointed out that neighboring countries like , , and Niger Republic have higher electricity costs, making Nigeria’s rates relatively affordable. This comparison, he argued, reflects the government’s efforts to keep electricity prices as low as possible while on enhancing supply and infrastructure.

The Minister acknowledged the existing frustrations over inconsistent power supply but reiterated that ongoing reforms in the sector would gradually yield positive . The , according to Adelabu, is to improve both power generation and distribution, which would to a reduction in electricity costs for consumers over time.

  Ukrainian President Zelenskyy meets with President Trump and European leaders at the White House to discuss security guarantees

As Nigerians anticipate these improvements, Adelabu’s comments serve as a reminder of the government’s commitment to the country’s power challenges. The hope is that with better infrastructure and management, electricity will become both more affordable and more reliable, reducing the nation’s reliance on costly, pollution- generators and overall economic productivity.

Share
Written by
QncNews

Covering Entertainment, Politics, World News, Sport News, Crimes, Conflict, Metro, Economy & Business News

11 Comments

  • I dont buy it! The Minister always promises reductions, but my bill keeps going up. Show me the receipts!

  • Im skeptical about this promise. The government always says things will get better, but do they actually deliver?

  • I dont buy it! The government always promises lower electricity costs, but my bill keeps going up. Show me the proof!

  • I highly doubt the Ministers promise on electricity cost reduction. Weve heard it all before – actions speak louder than words!

  • I highly doubt the Ministers promises on electricity cost reduction. Theyve been making empty pledges for years now. Time for action, not words!

    • Actions speak louder than words. Hold the Ministers accountable for their promises. Time for real change.

  • Ill believe it when I see my electricity bill actually go down. Politicians love to make promises they cant keep.

  • I dont buy it! The Ministers promises are just empty words. Ill believe it when I see my electricity bill drop.

  • I dont buy it! The government always promises lower electricity costs, but it never happens. Ill believe it when I see my bill go down.

  • I dont buy it. The Ministers promises feel like empty words. We need concrete action, not more empty promises.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
PoliticsWorld

Ukrainian President Zelenskyy meets with President Trump and European leaders at the White House to discuss security guarantees

Ukrainian President Volodymyr Zelenskyy met with U.S. President Donald Trump at the...

Politics

SAG-AFTRA President Fran Drescher Re-Elected Amid Ongoing Strikes and Industry Challenges

In a decisive affirmation of her leadership, Fran Drescher has been re-elected...

Politics

Algeria’s Economic Renewal Council Cancels Visit to France Amid Diplomatic Tensions

The Algerian Economic Renewal Council (CREA) has canceled its planned visit to...

Politics

Tuvalu’s Prime Minister Feleti Teo reaffirms commitment to Taiwan amid regional tensions

In July 2025, Tuvalu’s Prime Minister Feleti Teo emphasized the importance of...