The Minister of Power, Adebayo Adelabu, has asserted that electricity prices in Nigeria are the lowest compared to other African countries. Adelabu made this statement on Thursday, October 3, during a meeting with the Secretary of the Lottery Trust Fund, Tosin Adeyanju, at his office in Abuja.
In his remarks, Adelabu emphasized that Nigeria, along with the rest of the world, are currently facing two critical challenges: food security and energy security. He stated, “All over the world today, we are faced with two basic issues and these are food and energy securities.”
Highlighting the price of electricity in Nigeria, he remarked, “It is worth noting that the price of electricity is still the cheapest in Nigeria compared to even other African nations.”
Adelabu urged Nigerians to be patient, assuring them that the government is committed to their welfare. “If Nigerians are patient, they will realize that the government means well for them,” he added.