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The Nigerian Federal Government’s initiative to implement cost-reflective electricity tariffs for all consumers has gained the support of state governments. This development follows a resolution by the National Council on Power, which emphasised the need for tariff reform and advocated for targeted subsidies to protect vulnerable citizens.
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The Council stated that “electricity must be paid for at a cost-reflective rate, while subsidies must still exist for the vulnerable, but must be targeted and well-administered at a manageable and sustainable level.” Key stakeholders from federal and state governments, regulatory bodies, and operators across the electricity value chain attended the National Council on Power meeting in Maiduguri, Borno State.
The Council’s resolution aims to ensure that tariff reforms are accompanied by broad-based stakeholder engagement, transparency in subsidy administration, and the deployment of technology for better targeting of support to low-income households. The call for cost-reflective tariffs comes at a time when the Nigerian power sector is grappling with mounting market liquidity challenges, underinvestment in critical infrastructure, and rising energy costs
The National Power Training Institute of Nigeria has been mandated to explore innovative means of funding a Research and Innovation Framework within the Nigerian Electricity Supply Industry. The Council also directed NAPTIN to engage stakeholders and refine its proposal for the establishment of a National Human Capital Development Framework, a Structured Apprenticeship Programme, and a Gender Mainstreaming Strategy for the power sector.
Furthermore, the Council adopted a resolution to construct additional Double Circuit 330/132kV transmission lines to reinforce electricity supply to the northeast and approved Borno State’s request for solar mini-grids for rural electrification in partnership with the Rural Electrification Agency.
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Jonathan Nwokpor
