The Minister of Information and National Orientation, Mohammed Idris, has announced that the Federal Government plans to redirect electricity subsidy savings towards enhancing power supply and providing essential social services. With an estimated N1 trillion to be saved from removing electricity subsidies, the focus will be on improving the overall power infrastructure across the country. The Minister highlighted the disproportionate nature of the current subsidy, which primarily benefits a select affluent group while neglecting a significant portion of the population. The funds saved will be channeled into vital areas such as healthcare and education, ensuring that a broader segment of the population benefits from these improvements.
During a visit to Kaduna, Minister Idris addressed various initiatives under the Tinubu Administration, including the recent signing of the new Electricity Act that empowers regulatory bodies to enforce penalties on electricity distribution companies for service-related violations. Additionally, post-fuel subsidy interventions such as the rollout of CNG buses and conversion centers to promote cost-effective transportation methods were discussed. The Minister also provided updates on the National Social Investment Programme, which aims to support 15 million vulnerable households with financial assistance.
Dispelling misconceptions about regional bias, Minister Idris reassured citizens that government investments in social and developmental projects remain equitable across the country. He highlighted successful agricultural initiatives like the Dry Season Farming Initiative, which has significantly boosted crop production in key regions. Notably, Kebbi State has emerged as a prominent hub for tomato farming and processing, showcasing the positive outcomes of strategic partnerships with food processing firms.
In closing, Minister Idris emphasized the President’s commitment to engaging with local communities to address their needs and priorities effectively. Through ongoing assessments and feedback mechanisms, the government aims to ensure sustainable development and inclusive growth for all citizens.