Nigeria’s Minister of Power, Adebayo Adelabu, has asserted that electricity prices in the country are still the most affordable compared to other African nations. His remarks come amid ongoing discussions about energy costs and access across the continent.
During a recent press briefing, Adelabu emphasized that despite challenges in the power sector, Nigeria continues to offer competitive electricity pricing relative to its African peers.
“The price of electricity is still the cheapest in Nigeria compared to other African nations,” he stated.
The minister’s comments aim to address concerns over rising energy costs and to highlight the government’s efforts to maintain affordable electricity for citizens. Adelabu acknowledged the need for improvements in infrastructure and service delivery but maintained that Nigeria’s pricing structure remains favorable.
As the government continues to navigate the complexities of the power sector, including investments in renewable energy and upgrades to existing facilities, Adelabu’s statements are likely to generate discussions about the future of electricity pricing and access in Nigeria and beyond.
