Oil & Energy
Electricity Tarrif Is Flexible – Power Minister

The Minister of Power, Adebayo Adelabu, has said as the Naira appreciates against the United States dollar in the last few weeks, electricity tariff paid by Nigerians is flexible and should moderate positively.
Adelabu stated this while speaking as a Thursday Guest on Channels Television’s Politics Today programme.
“The tariff is flexible and I can tell you that even if the Naira gains more and the exchange rate comes down below N1,000, it must positively affect the tariff and the tariff even for the Band A will come down to below the N225 kilowatt per hour that we are currently charging”, he said.
On April 3, 2024, the Nigerian Electricity Regulatory Commission (NERC) raised electricity tariff for customers enjoying 20 hours of power supply daily. Customers in this category are said to be under the Band A classification.
The increase would see the customers paying N225 kilowatt per hour from the current N66. This development has been heavily criticised by many Nigerians, considering the immediacy of the tariff hike and the current hardship in the land.
Adelabu said, however, that “the fact that the tariff for Band A, which is 15% of the total consumers, will increase by over 200%, does not necessarily translate into a 200% increase in their electricity bill if power is properly managed in terms of consumption”.
The Minister assured Band A customers of value for their money, he also assured Nigerians that consumers on the other band won’t be shortchanged by distribution companies as the regulators won’t hesitate to wield their big stick on any of such discos.
Adelabu further said the government had been working on ramping up power generation from about 4,000 megawatts to 6,000 megawatts in the next six months.
He said 25 percent of Nigeria’s power generation is from hydroelectric power while the remaining 75 percent is from gas plants.
“The gas that is supposed to be the raw material has not been coming in adequate proportion but the government has been working with electricity generation companies to ramp up power generated for the benefit of Nigerians”, he said.
Adelabu insisted that the President Bola Tinubu’s administration planned to decentralise power generation across states of the federation and strengthen transmission and distribution of the energy to power Nigeria’s industrial transformation.
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Dangote Refinery Resumes Gantry Self-Collection Sales, Tuesday
This is revealed in an email communication from the Group Commercial Operations Department of the company, and obtained by Newsmen, at the Weekend.
The company explained that while gantry access is being reinstated, the free delivery service remains operational, with marketers encouraged to continue registering their outlets for direct supply at no additional cost.
The statement said “in reference to the earlier email communication on the suspension of the PMS self-collection gantry sales, please note that we will be resuming the self-collection gantry sales on the 23rd of September, 2025”.
Dangote Petroleum Refinery also apologised to its partners for any inconvenience the suspension may have caused, while assuring stakeholders of its commitment to improving efficiency and ensuring seamless supply.
“Meanwhile, please be informed that we are aggressively delivering on the free delivery scheme, and it is still open for registration. We encourage you to register your stations and pay for the product to be delivered directly to you for free. We sincerely apologise for any inconvenience this may cause and appreciate your understanding,” it added.
It would be recalled that in September 18, 2025, Dangote refinery had suspended gantry-based self-collection of petroleum products at its depot. The move was designed to accelerate the adoption of its Free Delivery Scheme, which guarantees direct shipments of petroleum products to registered retail outlets across Nigeria.
The refinery stressed that the earlier decision was an operational adjustment aimed at streamlining efficiency in the downstream supply chain.
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