The Nigerian government has assured consumers that current efforts to strengthen electricity generation and distribution will soon lead to lower electricity costs in the country.
The Minister of Power, Mr. Adebayo Adelabu, gave this assurance when he paid a courtesy call on the Executive Director of the National Lottery Trust Fund, Mr. Tosin Adeyanju, in Abuja, where he led the management team of the fund.
Mr Adelabu noted that compared to other African countries such as Togo, Mali and Niger Republic, electricity prices in Nigeria remain the lowest.
He said low income levels in Nigeria make costs seem high for consumers.
The minister also said: “Given today’s commodity prices, it is much cheaper to use electricity than to run a generator using petrol or diesel.”
He stressed that current tariffs could be reduced as power generation and distribution is strengthened.
Mr. Adelabu further expressed the readiness of the Ministry and its associated agencies to collaborate and collaborate with the Trust Fund to achieve its goals.
The ministry’s renewable power project was established to address areas of the country not covered by the electricity grid, it said.
“We are very excited to collaborate and partner with you on this project. There are agencies that are promoting potential power projects. One such agency is our Regional Electricity Agency (REA), which is a very valuable agency for you in this project.”
“Today, around the world we face two fundamental problems: food and energy security. Gas prices are rising globally, partly due to the war between Russia and Ukraine. I can see what you are doing.”
“But we have to commit to providing electricity to people in rural areas, especially the youth. Even those who have mastered the technology have abandoned it and now they You can see that he is riding Okada.”
“President Tinubu is committed to transforming Nigeria and youth and rural development are his major concerns. If Nigerians are patient, they will realize that the government means well for them. ”
“We are pleased with this initiative and look forward to working with you to achieve it,” the minister said.
Earlier, Lottery boss Tosin Adeyanju said that as part of President Bola Tinubu’s ‘New Hope’ agenda, the lottery agency would increase productivity by training young people, especially in rural areas, how to assemble lottery tickets. He said he is working on getting it done. kilowatts of solar energy.
“We came looking for a partnership with you on how we can train people in rural areas, especially young people, how to assemble one kilowatt of solar energy.
“This will go a long way in addressing rebellious attitudes among young people by creating jobs for young people, especially those who have mastered skills such as hairdressing, vulcanization and welding.”
“This is part of our efforts to support President Tinubu in achieving his goal of addressing unemployment among rural people and the youth in general.”
“We want to implement this in every municipality in the country, and seeing your ministry’s efforts in this area of electricity supply, we decided to approach your ministry for a partnership to achieve this. ” Adeyanju said.
The Minister also commended the Minister for his outstanding performance and ability to restore confidence in the power sector and its capabilities among Nigerians since taking office about a year ago.
“I greet you as the Minister of Electricity, because since 1999 we have not seen the improvement in electricity supply in the country that we see today.
“Earlier, many people had already opted for solar power because the supply was absolutely abysmal. But since you came on board, you have restored people’s confidence in this sector,” Adeyanju said. added.
Olusola Akintonde
