Nigeria’s Power Minister, 
, has announced that over 40% of Nigerians now enjoy 20 hours of daily power supply, thanks to the Ministry of Power’s revolutionary measures, backed by President Bola Tinubu.
, has announced that over 40% of Nigerians now enjoy 20 hours of daily power supply, thanks to the Ministry of Power’s revolutionary measures, backed by President Bola Tinubu. Adelabu said that the Ministry has achieved notable success, generating over 5,500 megawatts of power in the past year, with plans to improve further by the end of 2024.
Adelabu emphasizes that consistent electricity supply is crucial for industries, businesses, institutions, and households, enabling them to fuel infrastructure, improve capabilities, and generate employment opportunities.
To achieve this goal, the Ministry collaborates with agencies, 27 power generation firms, and 11 Electricity Distribution Companies, he said.
Nigeria’s energy sector faces significant challenges, including insufficient power generation, inadequate infrastructure, and high energy poverty.
However, the government aims to achieve universal energy access by 2030 and net-zero carbon emissions by 2060.
The government has initiated key initiatives to transform the energy sector, including the Energy Transition Plan, which requires $410 billion in investments by 2060 to address energy poverty and mitigate climate change.
The Renewable Energy Master Plan aims to increase renewable electricity from 13% in 2015 to 36% by 2030. Additionally, the Power Sector Reform Bill enables states, private organizations, and individuals to participate in electricity generation and transmission.
