Adelabu also added that Nigeria and the World in general are grappling with two basic problems: Food and Energy security
By Kehinde Okeowo
The Minister of Power, Adebayo Adelabu on Thursday insisted that Nigeria’s electricity is cheaper when compared to what’s obtainable in other African countries.
He made the claim in his office in Abuja while receiving the Secretary of the Lottery Trust fund, Tosin Adeyanju.
On April 3, the Nigerian Electricity Regulatory Commission (NERC) approved a 240 percent electricity tariff hike to N225 per kilowatt-hour from N66.
Effective from July 1, 2024, Electricity distribution companies in Nigeria began charging N209.5 per Kilowatt-hour for customers in Band A.
Speaking about the drastic increment during the parley, Adelabu justified the price hike by the Federal government.
The minister went on to say Nigeria and the World in general grapple with two basic problems: Food and Energy security.
He said, “All over the world today, we are faced with two basic issues and these are food and energy securities
He further urged Nigerians to be patient, saying the President Bola Tinubu-led administration is only trying to improve electricity generation and distribution.
He added, “if Nigerians are patient, they will realize that the government means well for them.”
Responding, Adeyanyu said his visit to Adelabu was to seek how to partner on solar energy.
Adelabu’s comments came as Nigerians face high energy costs, from petrol and diesel to electricity.
Meanwhile, a fact-check of the minister’s claim by DAILY POST revealed that as at April 2024 the cost of electricity in Ivory Coast, which is at N195.76 per Kilowatt-hour is cheaper than what Nigeria offers.
