Olu Verheijen
Olu Verheijen is the Special Adviser on Energy to President Bola Tinubu of Nigeria. Recently in the news due to the government's approval of a 50% increase in telecom tariffs and a potential rise in electricity tariffs, Verheijen has been vocal about the implications of these economic policies on the Nigerian populace. He highlighted that current electricity tariffs cover only about 65% of supply costs, necessitating substantial government subsidies, which he argues disproportionately benefit the wealthiest Nigerians. His statements emphasize the challenges of electricity access in Nigeria, where approximately 90 million people lack access to the grid, and he has been critical of the timing and impact of proposed tariff increases amidst ongoing economic struggles for the average Nigerian.
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Olu Verheijen is the Special Adviser to the President on Energy.
N4.7tn Power Debt: FG Delays GenCos Meeting
Nigeria· 2025-07-01
The Special Adviser to the President on Energy, Olu Verheijen, revealed that the new laws have codified four key executive orders aimed at stimulating investment in Nigeria’s oil, gas, and clean energy sectors.
Tinubu Signs Bills, Reshapes RevenueNigeria· 2025-06-27
Olu Verheijen described the signing as a 'historic moment' and a clear demonstration of the administration’s commitment to driving energy sector reforms.
$6bn Oil Investment Unlocked: Nigeria's New Tax LawNigeria· 2025-06-26
Olu Verheijen was appointed as Special Adviser on Energy to assist in the power sector reforms.
Tinubu tackles electricity crisis amid mounting hurdlesNigeria· 2025-06-05
The Special Adviser to the President on Energy, Mrs Olu Verheijen, stated that the reform rewards efficiency and strengthens investor confidence.
Tinubu Signs Order to Slash Oil Project Costs by 40%Nigeria· 2025-05-30Olu Verheijen is the Special Adviser to President Bola Tinubu on Energy who indicated that current power tariffs would rise.
Consumers kick as FG plans fresh power tariff hikeNigeria· 2025-02-28
Olu Verheijen called NLNG’s success a model for the energy sector in Nigeria.
Pipeline attacks cripple NLNG operations, MD laments – Punch NewspapersNigeria· 2025-02-26
Olu Verheijen is the Special Adviser to President Bola Tinubu on Energy and stated that the government is planning to meter all customers.
FG orders Discos to publish details of meter refundsNigeria· 2025-02-25
Olu Verheijen is the Special Adviser on Energy to President Bola Tinubu and has stated that Nigeria is poised to secure an increased number of Final Investment Decisions this year.
FG eyes more oil sector investments in 2025Nigeria· 2025-02-25says the Special Adviser to the President on Energy, Olu Verheijen.
State House earmarks N1.9bn for diesel as solar power plant delaysNigeria· 2025-02-23
Olu Verheijen is the Special Adviser to President Bola Tinubu on Energy.
Power generation hits 5,543MW as govt reveals new plansNigeria· 2025-02-20Olu Verheijen is Bola Tinubu’s Special Adviser on Energy and indicated that the government would stop subsidising electricity consumed by the rich.
Tariff increase won’t stop power crisis, consumer group tells FGNigeria· 2025-02-13
Olu Verheijen, President Bola Tinubu’s Special Adviser on Energy, says that after the 2024 Band A tariff increase, electricity tariffs now cover about 65 per cent of the supply cost.
Tariff hike amidst poor power supplyNigeria· 2025-02-12