Minister of Power, Adebayo Adelabu, has sparked conversation by declaring that Nigeria offers the cheapest electricity rates compared to other African nations. He made this claim on Thursday during a meeting with the Secretary of the Lottery Trust Fund, Tosin Adeyanju, at his Abuja office.
Adelabu highlighted the global struggle with two key issues: food security and energy security, stressing that Nigeria faces the same challenges. His remarks have generated discussion, especially in the context of Nigeria's ongoing power supply issues and frequent electricity tariff adjustments.
“All over the world today, we are faced with two basic issues and these are food and energy securities
“It is worth noting that the price of electricity is still the cheapest in Nigeria compared to even other African nations,” he said.
He added that, “if Nigerians are patient, they will realize that the government means well for them”.
The cost of electricity in Senegal and Togo is N296.10 and N353.68 per kilowatt-hour, respectively, higher than that of Nigeria.
However, the cost of electricity is cheaper in Ivory Coast, which is at N195.76 per Kilowatt-hour and in Ghana at N205.62 per Kilowatt-hour as of April 2024.
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