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FG Taking Steps to Tackle GenCos’ Gas Shortage Challenges—Adelabu

Nse Anthony-Uko by Nse Anthony-Uko
7 months ago
in Business
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The federal government is has said it is implementing steps to address persistent gas supply challenges faced by Power Generation Companies (GenCos), which have hampered electricity generation across Nigeria.

This assurance was given by the minister of Power, Adebayo Adelabu, in his Eid-el-Fitr message, where he expressed confidence that these interventions are already producing gradual improvements and will lead to significantly enhanced power supply in the near future, according to a statement by the Ministry of Power.

Adelabu disclosed that concrete measures are underway to deliver more reliable and sustainable electricity to homes, businesses, and industries, crediting President Bola Ahmed Tinubu’s reform agenda for laying the groundwork.

“The reforms initiated by President Tinubu are beginning to take root, and Nigerians will soon witness the full benefits,” he stated.

Beyond the power sector updates, the minister urged Nigerians to extend the spirit of sacrifice from the 30 days of Ramadan into a sustained commitment to national development.

He emphasised collective discipline and selflessness as key to unlocking the nation’s potential, noting that current challenges serve as building blocks for a prosperous tomorrow.

“Let me warmly felicitate with Nigerians, particularly our Muslim brothers and sisters, on this auspicious occasion,” Adelabu said.

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“The past 30 days have been devoted to spiritual renewal, self-denial, and a recommitment to faith and righteousness. As we have individually sought purification and growth, we must now extend that same spirit of sacrifice to our nation—through unwavering dedication to its progress and alignment with the policies and programmes of President Bola Ahmed Tinubu.”

He further highlighted the need for public trust and cooperation to ensure the success of the administration’s agenda, pointing to President Tinubu’s recent engagements in the United Kingdom as milestones promising investment and economic gains. Adelabu called for unity, patience, and shared responsibility, concluding that enduring national progress demands collective sacrifice and steadfast commitment to a common vision.

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Nse Anthony-Uko

Nse Anthony-Uko

Nse Anthony-Uko is a business and financial journalist with over two decades of experience covering Nigeria's financial system, economy, energy sector, corporate landscape, and global economic developments. Her expertise blends frontline journalism with editorial leadership and a strong grasp of financial market dynamics. She has earned multiple professional recognitions and was selected for the International Visitors Leadership Programme (IVLP) in the United States.

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