Cost of electricity in Nigeria is cheapest in the world – Minister

The Minister of State for Power, Abubakar Aliyu, has said that the cost of electricity consumption in Nigeria is the cheapest and most defaulted by consumers in the world.

The minister made the assertion on Thursday, May 4, during an interactive session with the Senate Committee on Power and heads of agencies in the power sector in Abuja.

According to him, “Cost of electricity in Nigeria is the cheapest across the globe, particularly gas to power, which is highly subsidised.

For example, while cost of electricity in Nigeria is 15 cent per kilowatt , it is 42 cent in Niger Republic, 23 cent in Republic of Benin , 25 cent in Mali , 28 cent in Senegal , 27 cent in Burkina Faso etc.”

Mr Aliyu complained that while the Nigerian government is making efforts to ensure its citizens have access to affordable electricity, many consumers and even government agencies default in payment of electricity bills.