Connect with us

News

Nigerians to Start Paying Full Electricity Price as Government Plans to Remove Subsidies

Published

on

Photo source: Google

Nigeria’s Minister of Power, Adebayo Adelabu, has said that Nigerians should get ready for a new electricity pricing system that reflects the actual cost of power.

Speaking during a meeting with heads of the country’s power-generating companies in Abuja, Adelabu explained that the government can no longer afford to keep spending huge sums on electricity subsidies. He noted that the federal government currently owes power generation companies over N4 trillion in unpaid subsidy debts.

According to a recent report by the Nigerian Electricity Regulatory Commission (NERC), while the actual cost of electricity is around N116.18 per kilowatt-hour, consumers only pay N88.2—leaving a gap of nearly N28 per unit that the government has to cover.

Only about 15 percent of power users, those in Band A, are not receiving subsidies, meaning the rest still benefit from the price support. Adelabu made it clear that Nigerians must begin to pay the full value for the electricity they use, although he assured that low-income citizens will still receive targeted support to help with costs.


 

Advertisement

News

Nigerian Gospel Singer Big Bolaji Laid to Rest in Ibadan

Published

on


Late gospel singer, Big Bolaji was out to rest at the funeral ceremony held in Ibadan, Oyo state.

It can be recalled that the late singer passed away from an illness on the 19th of April, 2025.

Friends, family and colleagues gather at the ceremony to honour their late friend and singer. Many also take to social media to share a heartwarming tribute to the gospel singer.


 

Continue Reading

News

Tinubu Says Ending Fuel Subsidies And Fixing Taxes Are Helping Nigeria

Published

on

Photo source: Google

Two years into his administration, President Tinubu highlights key achievements in Nigeria’s economy and social sectors. He reminds Nigerians of the tough choices made early on, like removing fuel subsidies and fixing foreign exchange policies, to stop the country from slipping into crisis. These bold moves have started to pay off.

Inflation is easing, staple food prices are dropping, and the oil sector is seeing renewed growth with billions invested. The government has improved revenue collection, narrowed the fiscal deficit, and built up reserves to protect Nigeria from shocks.

Tax reforms are helping small businesses and protecting low-income families by cutting VAT on essentials like food and education. The administration is also supporting new industries through targeted incentives and making trade easier and fairer.

On the social front, health services are expanding with thousands of primary health centers being upgraded and new cancer treatment centers opening. Free and subsidized medical care is reaching more Nigerians, while health insurance coverage grows steadily.

The president also points to progress in education, youth empowerment, and infrastructure development as the foundation for long-term growth. Despite challenges, these efforts show that Nigeria is moving in the right direction, building a stronger economy and better future for all its people.

Advertisement

 

Continue Reading

News

Tinubu Promises Stronger Security and More Support for Nigerians

Published

on

Photo source: Google

Since taking office two years ago, President Tinubu has been clear that improving security and investing in the nation’s people are top priorities. He recognizes that without safety, the economy and daily life cannot thrive. His administration has worked hard to strengthen collaboration among security agencies, increase intelligence operations, and support the welfare of the military and police. According to him, it is thanks to these efforts, some regions once troubled by bandits have seen peace return, allowing farmers to get back to work and roads to become safer for travelers.

Beyond security, the government is focused on building a brighter future through education, healthcare, and youth empowerment. Investments in schools and student loans aim to give more Nigerians access to quality education. Health programs have upgraded thousands of primary health centers, introduced cancer treatment centers, and expanded health insurance coverage. The administration has also launched initiatives to create jobs, support small businesses, and encourage innovation—especially among young people eager to shape Nigeria’s tomorrow.

President Tinubu believes these steps are creating a foundation for lasting growth and opportunity. While challenges remain, the commitment to protecting citizens and developing human capital signals a hopeful path forward for Nigeria’s future.


 

Continue Reading

Trending