JUST IN: Minister assures Nigerians of reduction in electricity costs
3rd October 2024

Adebayo-Adelabu
Minister of Power, Adebayo Adelabu



The Minister of Power, Adebayo Adelabu, has assured Nigerians of a possible reduction in the cost of electricity in the coming months, following a current effort to step up the generation and distribution of power in the country.

This was as he noted that electricity costs in the country are significantly cheaper than running generators on petrol or diesel, considering its current prices.

He gave the assurance on Thursday, October when he received the Executive Secretary of the National Lottery Trust Fund, Mr. Tosin Adeyanju, who led the management team of the agency to pay a courtesy call on the Minister at the headquarters of the ministry in Abuja.

The Minister also said that it is worth noting that the price of electricity is still the cheapest in Nigeria, compared to even other African nations such as Togo, Mali and Niger Republic.