Lanre Babalola, former Minister of Power and Special Adviser to the President on Power in Nigeria, has cautioned against passing the financial burden of inefficiencies within Nigeria’s power sector onto consumers. He argues that significant operational losses, currently around 40%, are artificially inflating electricity tariffs. Babalola believes addressing these losses is key to reducing costs without impacting the reliability of electricity supply in Nigeria. He cautioned against automatically equating tariffs with actual costs, suggesting improvements in operational efficiency should be prioritized. The aide emphasized consumers shouldn’t be penalized for systemic problems within the power sector in Nigeria. This warning highlights concerns over the current tariff structure and the need for reform to ensure a fair and sustainable energy system for Nigeria. Further details are available at https://punchng.com/electricity-tariffs-reflect-40-losses-inefficiencies-presidential-aide/.