The Federal Government may spend about two trillion naira to subsidise electricity this year, as it maintains that there are no immediate plans to increase electricity tariffs.

The Minister of Power, Joseph Tegbe, disclosed this at a media briefing in Abuja to mark his first 100 days in office. Tegbe said the government's priority is to build a commercially viable power sector while protecting vulnerable consumers.

The minister's position comes after the Federal Government incurred about 1.93 trillion naira in electricity subsidies in 2025, according to the Nigerian Electricity Regulatory Commission, NERC.

NERC said the 2025 subsidy represented 57.44 per cent of the total Nigerian Bulk Electricity Trading invoice and averaged about 160.69 billion naira monthly.

The commission explained that the subsidy arose because approved electricity tariffs remained below cost-reflective levels, leaving the Federal Government to cover the resulting gap.