The Minister of Power, Chief Adebayo Adelabu, on Thursday, assured Nigerians that a reduction in the cost of electricity is imminent with the current effort to step up the generation and distribution of power in the country......See Full Story>>.....See Full Story>>
THE WHISTLER’s checks on Eko Electricity Distribution Company (EKEDC’s) website on Thursday revealed that electricity consumers on Band A are paying N209.50 per kilowatt hour; Band B– 64.07; Band C– NGN 52.05; Band D–N 52.05; and Band E–N43.27.
An analysis of the Bands revealed further that Band A consumers enjoy a minimum of 20 hours of power supply daily; Band B: 16 hours; Band C: 12 hours; Band D: 8 hours; and Band E: 4 hours of power supply.
A statement by his Special Adviser on Media, Mr Bolaji Tunji, quoted him to have said this when the Executive Secretary of the National Lottery Trust Fund, Mr Tosin Adeyanju, paid him a courtesy visit in Abuja.
Adelabu claimed that electricity prices in Nigeria remain relatively low compared to other African nations, including Togo, Mali, and Niger Republic.
He noted that the country’s low-income levels often make the costs seem high for consumers., saying that electricity is more economical than running generators powered by petrol or diesel, especially in light of rising fuel prices.
The minister expressed a commitment to collaborate with the National Lottery Trust Fund to advance initiatives aimed at expanding electricity access, particularly through renewable energy projects.
He noted the importance of these efforts in reaching areas not served by the national grid, with the Rural Electricity Agency (REA) playing a crucial role.
Adelabu called for patience among Nigerians and assured them that the government is dedicated to improving power supply and rural development, particularly for the youth.
During the visit, Adeyanju praised the minister for his performance since taking office, noting significant improvements in electricity supply that have restored public confidence in the sector.
He pointed out that many citizens had previously turned to solar energy due to unreliable power supply but now see hope with the current administration’s efforts.
Adeyanju proposed a partnership with the Ministry to train rural youths on assembling one kilowatt of solar energy, which he believes will create employment opportunities and reduce youth restiveness.