• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, May 10, 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
7 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

Still On Revenue Sharing And Fiscal Responsibility

Accountant-General Vows To Pursue Finance Management Bill Passage

5 minutes ago
Boosting DFIs’ Capitalisation For Industrial Growth

Logistics Industry To Grow Over $3trn By 2030

30 minutes 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



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

Still On Revenue Sharing And Fiscal Responsibility
Business

Accountant-General Vows To Pursue Finance Management Bill Passage

2025/05/10
Boosting DFIs’ Capitalisation For Industrial Growth
Business

Logistics Industry To Grow Over $3trn By 2030

2025/05/10
Stakeholders Harp On Digital Tools For SMEs
Business

Profitable Consultancy Business Ideas

2025/05/10
Experts Back CBN’s Plan To Revive eNaira, Urge Better Implementation
Business

Experts Back CBN’s Plan To Revive eNaira, Urge Better Implementation

2025/05/10
BREAKING: Edun Submits Minimum Wage Cost to Tinubu
Business

FG To Strengthen Naira-for-Crude Policy

2025/05/10
Publicis Groupe’s Emeka Obia Honoured As Africa’s Top Young Advertising Talent
Business

Publicis Groupe’s Emeka Obia Honoured As Africa’s Top Young Advertising Talent

2025/05/09
Leadership Conference advertisement

Leadership Conference advertisement

LATEST

Accountant-General Vows To Pursue Finance Management Bill Passage

Kano To Sponsor 141,715 Students For NECO, NABTEB, NBAIS Exams

Tinubu Prioritising Water Supply To Abuja Satellite Towns – Wike

Logistics Industry To Grow Over $3trn By 2030

UNICROSS VC Appeals For Assistance After Windstorm

MNR To Hosts 2025 Annual Conference Today

‘FG New Tax Laws Signal Brighter Future For Nigeria’

Ebonyi Commissioner Demands Igbokwe’s Apology Over Profiling

Delta Implements ‘No Work, No Pay’ Over Ghost Workers

Security Of Life, Property, My Administration’s Priority – Ibas

© 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.