• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Monday, June 9, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Over 40% Electricity Consumers Now Enjoy 20 Hours Daily Power Supply – Adelabu

by Nse Anthony - Uko
8 months ago
in Business
electricity
Share on WhatsAppShare on FacebookShare on XTelegram

Power Minister Chief Adebayo Adelabu announced that over 40 per cent of Nigerian electricity consumers now enjoy 20 hours of daily power supply, a significant improvement attributed to various reforms and initiatives under President Bola Ahmed Tinubu’s administration.

Advertisement

Adelabu, who highlighted the performance of the ministry in the last one year, said that electricity generation has increased to over 5,500 megawatts, facilitated by the Electricity Act of 2023, which decentralises the power sector, allowing state involvement in generation and distribution.

He emphasised the importance of stable electricity for economic growth, citing examples from countries like South Korea.

The minister outlined key achievements, including the establishment of a comprehensive policy framework and infrastructure upgrades.

Collaborative efforts with agencies and international partners have also played a crucial role in enhancing the electricity supply landscape. Adelabu expressed confidence in further improvements as the ministry continues its mission to provide reliable electricity to all Nigerians.

RELATED

Ways To Retain Existing Customers For Business  Continuity

5 Listed Firms Raise N108bn Commercial Paper To Boost Working Capital

4 hours ago
Surging Food Prices, Transport Fare Mar Sallah Celebrations

Sallah: Business Owners Lament Low Patronage, Urge Govt’s Action

4 hours ago

The minister of Power, Adebayo announced improvements in Nigeria’s electricity supply, revealing that over 40 per cent of Nigerians now enjoy up to 20 hours of daily power.

According to him, this milestone, achieved within just a year, is attributed to various revolutionary measures implemented by the ministry with the backing of President Bola Tinubu.

“The major achievement is the fact that today we generate over 5,500 megawatts of power, we transmit and distribute it, and over 40 per cent of customers today enjoy over 20 hours of regular power supply across the nation. You can see that there is a significant improvement between when we came in and now, which we intend to improve further”, Adelabu, said in a statement on Sunday.

He noted that the ministry’s initiatives are aligned with President Tinubu’s Renewed Hope Agenda, which aims to enhance industrialisation through consistent power supply.

Adelabu underscored the critical role of stable electricity in developed nations, linking it to their economic success.

“This is why we say that we must achieve this for Nigeria as a country,” he asserted.

He highlighted the ministry’s vision to provide reliable electricity to households, businesses, and institutions, thus facilitating job creation and enhancing operational capacity.

Reflecting on the ministry’s progress since the administration’s inception, he explained that the installed generation capacity has increased from 13,000 megawatts to over 14,000 megawatts.

He said that this was made possible by the addition of new hydroelectric power plants and improvements in existing facilities.

“Our installed capacity is over 14,000 megawatts of power due to the addition of the newly commissioned Zungeru hydroelectric power plant and improved capacity of some of the existing power plants,” he stated.

The minister detailed several strategic actions taken to improve the power sector, including the signing of the new Electricity Act of 2023, which decentralises and liberalises the sector.

He also highlighted the establishment of a comprehensive policy framework to enhance sector performance and market liquidity.

Adelabu pointed to infrastructure upgrades as a key factor in the progress achieved.

“The electricity that we enjoy today is not by accident. It’s because of all these transformers and mobile substations that we commissioned and installed,” he said.

Additionally, he said the ministry is working to close the meter gap by implementing the Presidential Metering Initiative, which aims to install over 10 million meters in five years.

The minister announced that the World Bank is supporting these efforts through the Distribution Recovery Programme.

Looking ahead, Adelabu expressed optimism about the future of Nigeria’s electricity supply, stating that “at the end of the day, a large proportion of our population will be electrified, industries will enjoy stable electricity, and this will increase production and create employment for our people.”


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

START EARNING US DOLLARS as a Nigerian ($35,000) monthly. Companies are sacking their workers due to AI (artificial intelligence), business owners are in panic mode. Only the smart will make it. Click here


Tags: Adebayo Adelabu
SendShareTweetShare
Previous Post

Cabinet Revision: Realism Versus Expectations

Next Post

Signal Alliance Technology Holding Achieves IMS Certification.

Nse Anthony - Uko

Nse Anthony - Uko

You May Like

Ways To Retain Existing Customers For Business  Continuity
Business

5 Listed Firms Raise N108bn Commercial Paper To Boost Working Capital

2025/06/09
Surging Food Prices, Transport Fare Mar Sallah Celebrations
Business

Sallah: Business Owners Lament Low Patronage, Urge Govt’s Action

2025/06/09
Forex Inflow Dip 58.1% To $1.2bn In Official Market
Business

Forex Inflow Rises 62% To $5.96bn In May

2025/06/09
Dangote Refinery’s Completion To Make Naira Stronger
Business

US Provides Third Of Dangote’s Crude Requirement In 2025 Supplies

2025/06/08
Equities To Sustain Positive Sentiment Amidst Audited Earnings Expectations
Business

Consumer Goods Sector Drives NGX Growth With 40.65% Increase

2025/06/08
JUST IN: Nigerian Stocks End 8-Day Gains As Banks Slide
Business

‘Dangote Petrochemicals Listing To Boost Nigeria’s Stock Market’

2025/06/08
Leadership Conference advertisement

LATEST

Stakeholders To Advance Clean Cooking Solutions In Nigeria

5 Listed Firms Raise N108bn Commercial Paper To Boost Working Capital

Sallah: Business Owners Lament Low Patronage, Urge Govt’s Action

Forex Inflow Rises 62% To $5.96bn In May

Japa: The Courage And Cost Of Nigeria’s Great Exodus

Sickle Cell: Experts Push For Gene Therapy As Nigeria Bears Highest Burden Globally

Review Appointment Of Alleged APC Members As REC, SERAP Tells Tinubu

Seven Tips On How To Break Soda Addiction

Jibril Aminu: Exit Of A Rare Breed

Operation Safe Haven Poised To Rid Plateau, Others Of Criminal Elements

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.