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FG Spends N120 to Produce 1Kw/h of Electricity – Minister of Power, Adebayo Adelabu
Chief Adebayo Adelabu, Minister of Power, has disclosed that it costs the Federal Government approximately N120 to generate one kilowatt-hour (kWh) of electricity in Nigeria.
Minister Adebayo-Adelabu
He emphasized that this high cost is a significant factor behind the government’s continued subsidies to keep electricity affordable for consumers.
Chief Adelabu made these remarks during an oversight visit by the Members of the House Committee on Power to his office in Abuja. He explained that while consumers in electricity Band A pay N209 per kWh and those in Band B pay N65 per kWh, the actual cost of generating electricity far exceeds these amounts.
The N120 cost per kWh does not even account for additional charges related to evacuation, wheeling, and distribution within the Nigerian Electricity Supply Industry (NESI).
The Minister said, “Those in Band A are paying N209 while Band B is paying N65, the average cost of producing one kilowatt per hour of electricity, its generating cost, is not less than N120 before we have the evacuation and wheeling and distribution charges.
“So anybody paying N65 or N58 is paying way below the cost and that is what the Federal Government is still subsidising.”
He noted that the government is actively working to improve infrastructure in the power sector to enable more consumers to be migrated to Band A, where the tariff is closer to the actual cost of generation.
The Minister also hinted at the possibility of introducing a new tariff policy within the next six months, which could adjust the rates paid by consumers in other bands. However, he stressed the need for caution, particularly in light of recent protests, indicating that the government is being sensitive to public sentiments.
Chief Adelabu also announced that, for the first time in three years, Nigeria’s power sector has successfully generated, transmitted, and distributed 5,155.99 megawatts of electricity.
This milestone was reached on August 8, 2024, under the current administration, which inherited an average generation of 4,000 megawatts.
Reflecting on the country’s progress, Adelabu said; “Precisely on the 8th of August, 2024. When this administration came in, we met an average of 4,000 megawatts of power being generated and transmitted.
“So I believe that 5,000 megawatts is not something we should celebrate. But if you look at it from the perspective of 5,000 megawatts, 2,000 megawatts were achieved in 1984, for Nigeria.
“It took us over 35 years to achieve an additional 2,000 megawatts that took us to 4,000.”
Economic and Financial Crimes Commission (EFCC) has arrested Mrs Joy Enwa, the Accountant General of Delta State, in connection with the alleged misappropriation of N1.3 trillion linked to former Governor Ifeanyi Okowa.
The EFCC is investigating funds reportedly diverted from the 13 percent derivation allocation intended for oil-producing states. Alongside Mrs Enwa, the anti-graft agency has questioned other officials, including a former Director of Finance and Administration and a senior Government House staff member.
EFCC spokesperson Dele Oyewale confirmed the arrest, stating, “Mrs Enwa was detained for questioning over the ongoing investigation into the mismanagement of state funds under the former administration. Some other government officials have also been interrogated.”
Mrs Enwa, who was appointed Accountant General by Okowa in 2020, previously served as Deputy Accountant General under Governor Emmanuel Uduaghan.
She had earlier faced allegations of involvement in a N369 million fraud case in 2015, which implicated other state officials and bank representatives.
The ongoing investigation has also uncovered assets allegedly tied to the fraud, including shares in UTM Floating Liquefied Natural Gas Company and investments in the oil sector.
Former Governor Okowa was detained by the EFCC in November at the agency’s Port Harcourt office over accusations of diverting state funds for personal enrichment.
When approached for comments, Mrs Enwa declined to elaborate, saying, “I am not the right source to confirm this story. Please contact the EFCC for clarification.” The EFCC continues its probe into what could be one of the largest financial scandals in Delta State’s history.
Nigeria has launched an emergency response centre after recording 190 deaths from Lassa fever, a viral hemorrhagic illness, according to Nigerian Center for Disease Control (NCDC).
The disease, mainly transmitted to humans via contact with food or household items contaminated with rodent urine or excrement, has infected 1,154 people in six Nigerian states.
Jide Idris, head, Nigerian Center for Disease Control, said the agency’s risk assessment has categorized it as high, prompting the activation of the emergency Operations Centre to manage the outbreak.
“While the disease occurs throughout the year, peak transmission typically happens between October and May, coinciding with the dry season when human exposure to rodents increases,” he said at a press briefing in Abuja.
The centre will ensure seamless coordination of the control and management of the outbreak.
Symptoms of the virus – which can also be passed between people through bodily fluids of those infected – include fever, headaches and, in the most severe cases, death.
The World Health Organization classifies Lassa fever as a priority disease due to its epidemic potential and lack of approved vaccines.
Federal government has proposed to spend N1.5bn for internet services for passengers at five international airports in the country.
The project, “Provision/Upgrade of WiFi Services for Passengers in Five International Airports and some Domestic Airports” was listed as a new project in the 2025 appropriation.
In some parts of the world, access to the internet via Wi-Fi at airports is regarded to be a basic human right.
Such amenities are lacking in Nigeria.
But the 2025 budget presented to the National Assembly last week by President Bola Tinubu saw the sum of N105.953,496,365 being allocated to the Ministry of Aviation.
Apart from internet access at the airports, some other capital allocations were reinstated for the Nigerian Airspace Management Agency (NAMA).
In previous budgets, three agencies of the ministry including the apex regulatory agency, the Nigeria Civil Aviation Authority (NCAA); the Federal Airports Authority of Nigeria (FAAN) and NAMA were exempted from the annual budgetary allocation.
In addition, the federal government deducts 50 per cent of the Internally Generated Revenue (IGR), which is against the standard and recommended practices of the International Civil Aviation Organisation (ICAO), which recommends that the funds generated by the agencies should be reinvested into improving infrastructure and boosting aviation safety.
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