From Kayemo News
The Federal Government has announced plans to phase out electricity subsidy payments from 2027 as part of efforts to address mounting debts in the power sector.
Minister of Power Joseph Tegbe disclosed the plan during a media interactive session on Friday, saying the subsidy would be removed gradually and consumers would not lose access to electricity services.
“We have the mandate of Mr President to clear the legacy debt and come up with sustainable structures to make sure this doesn’t pile up any more,” Tegbe said.
“I promise you, next year, by God’s grace, we will put a stop to this so-called subsidy in the power sector. Mr President, we will not deprive Nigeria of anything. We’ll make sure Nigerian consumers continue to have power and improve power services.”
The minister also said there is no immediate plan to increase electricity tariffs.
The announcement aligns with recommendations by the International Monetary Fund for Nigeria to gradually remove electricity subsidies.
The government has previously put the subsidy burden at about N3 trillion as of February 2024, while the Association of Power Generation Companies says GenCos are owed roughly N6.5 trillion.
Tegbe’s comments come amid ongoing efforts to clear legacy debts in the sector. President Bola Tinubu recently approved a N4 trillion bond programme for debt settlement.
In January, the government issued a N501 billion inaugural bond under the Presidential Power Sector Debt Reduction Programme. On July 20, it announced a second tranche worth about N729 billion to settle verified debts owed to power generation companies.
Earlier this year, Tinubu also directed ministries, departments and agencies to use existing electricity laws to determine how subsidy costs should be shared among the federal, state and local governments in the 2026 budget.
This article was written by
Henry Oduah
Vanguard News
https://www.vanguardngr.com/2026/07/fg-to-end-electricity-subsidy-from-2027/
[7/31, 5:52 PM] +1 (850) 293-8613: *2027: PDP faction submits Jonathan’s candidacy to INEC despite recognition row*
The Kabiru Turaki-led Interim National Working Committee of the Peoples Democratic Party, PDP, on Friday said it had manually submitted former President Goodluck Jonathan’s presidential nomination and the names of its other candidates for the 2027 general elections to the Independent National Electoral Commission, INEC, despite the electoral body’s refusal to recognise the committee.
The move deepens the party’s leadership crisis, with the Turaki camp insisting it validly nominated its candidates in line with the Electoral Act and warning of fresh legal action if INEC publishes a different list.
Addressing journalists, the committee’s National Publicity Secretary, Comrade Ini Ememobong, said the party opted for manual submission after INEC declined to provide access codes for electronic submission, insisting the codes were only an administrative convenience.
“Notwithstanding INEC’s refusal to provide us with the necessary access codes… we have successfully submitted, manually and in full compliance with the Electoral Act 2026, the list of candidates sponsored by the authentic Peoples Democratic Party,” Ememobong said.
He added that the submission, which included Jonathan’s presidential nomination and all governorship, National Assembly and state assembly candidates, was acknowledged by INEC.
Ememobong warned the commission against publishing any list other than the one submitted by the committee.
“Should the Commission publish names other than those lawfully submitted by us… we are exhausting every constitutional, legal and democratic avenue to ensure that our party is not hijacked or annexed to the ruling party,” he said.
He traced the dispute to the Supreme Court judgment on the PDP’s leadership, saying the party’s Board of Trustees and a requisitioned National Executive Committee meeting constituted the Interim National Working Committee after the ruling left the party without a legally recognised national leadership.
According to him, INEC declined to recognise the interim leadership despite being formally notified, forcing the party to seek judicial intervention.
Faulting the Federal High Court judgment, Ememobong said, “The judgment… reads more like an appeal on the judgment of the Supreme Court and the Court of Appeal. It is clearly inconsistent with the extant decisions of the Supreme Court and the Court of Appeal that form the foundation of our case.”
He said the party had appealed the judgment and would also challenge alleged discrepancies between the judgment delivered in court and the Certified True Copy.
The PDP also accused INEC of abandoning its neutrality.
“The Commission’s actions have regrettably reinforced the growing public perception that it is no longer acting with the impartiality expected of the nation’s electoral umpire,” Ememobong said.
He alleged that the commission withheld material facts in court proceedings involving the party and ignored congresses it monitored, warning that such actions were eroding public confidence in the electoral process.
Ememobong further alleged that the PDP was the first target of a broader campaign to weaken opposition parties and entrench one-party dominance.
“We were the pioneer target for opposition dismantling and capture… but it has now spread to almost all the opposition parties,” he said.
Calling on Nigerians to defend multi-party democracy, Ememobong warned that electoral authoritarianism undermines democratic consolidation before expressing confidence that the party would prevail.{Vanguard News}