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Adelabu, Idris explain power tariff regime adjustment

Ola Simeon by Ola Simeon
April 7, 2024
in Breaking News
0
Adelabu and Idris

Adelabu and Idris

*Ministerial Briefing targets timely flow of government information

The Minister of Information and National Orientation, Alhaji Mohammed Idris, has emphasised Federal Government’s commitment to bridging the communication gap between the government and Nigerians.
The Minister said this during a Ministerial Press Briefing Series featuring the Ministry of Power on Friday at the National Press Centre, Abuja.
He said that the Ministerial Press Briefing is conducted regularly to ensure President Bola Ahmed Tinubu’s goal of an accessible and timely flow of information is achieved.

He assured the media that the Federal Ministry of Information and National Orientation will continue to provide credible and timely information on government policies.

The Minister also noted the need for the Ministry of Power to brief Nigerians on the recent review of the tariff regime in the power sector due to the citizens’ concerns.

Adelabu and Idris

While speaking, Minister of Power, Chief Adebayo Adelabu, appreciated the media’s continued support of the Renewed Hope Agenda and emphasised the Power Sector’s relevance to the activities of every other sector in society.

The Minister gave an overview of the ministry’s activities while appealing to the general public to be open-minded to government’s activities and policies.
He assured the public that the President has a track record of success and will do well during this administration.
He emphasized that with the removal of subsidies on petrol, the floating of the Naira, and the inflation rate in the country, the government does not want to aggravate the suffering of Nigerians.
He further said that the power sector needs an overhaul, and the present administration has taken the bold step to start the journey. He pleaded for patience and understanding in addressing the root cause of the problems of the Power Sector to provide consumers with the desired service.

The Minister pointed out that “we are in a subsidy regime where the government covers 67% of the cost of power production, transmission and distribution, which consumes more than 10%”.

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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.