The Minister of Power, Adebayo Adelabu, announced that a significant portion of Nigerians, more than 40%, now benefit from a full 20 hours of power supply daily nationwide.
Adelabu said in a statement in Abuja that the Ministry of Power, with President Bola Tinubu’s support, achieved this feat through revolutionary measures as part of his renewed hope agenda to boost the economy.
He gave credit to his administration’s bold actions for the achievements in the power sector, thanks to President Tinubu’s unwavering support for stable power supply to drive industrialization.
Adelabu said they generated over 5,500 megawatts of power, which was a big accomplishment for the ministry. They plan to do even better by the end of the year.
“Most developed nations achieved reliable, functional, and affordable electricity as a fundamental step.
“This is crucial for industries, businesses, institutions, and households. That’s why we must prioritise this for Nigeria to drive economic growth and industrial development.
“President Bola Tinubu emphasised this in his New Year’s speech on January 1, stressing the need for stable electricity to power critical sectors.
“This is the only way to achieve requisite economic growth and industrial development, as none of these sectors can function without it.”
Adelabu explained how the administration wants to make sure everyone has electricity, including homes, businesses, schools, and industries.
He says this initiative is all about empowering these entities, boosting their capacity, and creating more jobs.
According to him, the ministry teams up with agencies, 27 power generating companies, and 11 Electricity Distribution Companies to achieve its goals.
He said that with President Tinubu’s support, the ministry is determined to give Nigerians reliable electricity.