The Federal government has reaffirmed its resolve to provide Nigerians with stable and uninterrupted electricity supply, as President Bola Tinubu intensifies efforts to reform the power sector under his Renewed Hope Agenda.
Minister of Power, Chief Adebayo Adelabu, restated this commitment on at the weekend during the commissioning of the Kwaru 1X15 MVA 33/11KV Injection Substation in Ikotun-Egbe, Lagos.
Reinforcing the administration’s vision, Adelabu said: “The present administration in Nigeria, led by His Excellency, Mr. Bola Ahmed Tinubu, with the Renewed Hope Agenda, recognises that energy is not merely a commodity; it is the backbone of economic growth and job creation.”
The new substation is expected to improve electricity supply to communities such as Abaranje, Isijola, Igando Road, Omoboriowo, Okerube and surrounding areas. Adelabu stated that beyond improving power supply, the facility would also have a broader economic impact.
“This initiative will reduce operational challenges caused by power shortages, provide direct support to small and medium-sized enterprises (SMEs), stimulate economic growth, and create new job opportunities,” he said.
According to the minister, the Tinubu administration is implementing a “multi-pronged approach” to reform the sector, one that has “yielded some remarkable achievements.”
Highlighting key milestones, he said: “The decentralisation and liberalisation of the power sector through the Electricity Act 2023, which has activated twelve state electricity markets and led to the development of a National Integrated Electricity Policy after 24 years.”
He also noted “the attraction of over $2 billion in fresh investments to expand electricity access,” and “the transition towards full commercialisation, which increased the sector’s revenue by 70 per cent in 2024.”
On generation and infrastructure, Adelabu said: “An increase in Nigeria’s installed generation capacity from 13GW to 14GW, with an all-time peak of 5,801.44 MW and a maximum daily energy record of 128,370.75 MWh on March 4, 2025,” has been achieved. He added that “the stabilisation of the national grid through the Siemens Project, adding over 700 MW of transmission capacity,” and “the successful mobilisation of N700 billion from FAAC for the Presidential Metering Initiative, alongside a $500 million World Bank DISREP fund, which will add 3.45 million meters to the sector,” were also significant steps.
Despite the progress, Adelabu acknowledged that major challenges persist, particularly in the distribution segment.
He pointed out that “loss levels exceed regulatory limits, market remittances fall short, and customer complaints about service disruptions persist.”
He, however, gave the assurance that “under my leadership, the Federal Ministry of Power remains fully committed to working with Distribution Companies (DisCos) to address these issues and ensure energy security nationwide.”
The minister commended Ikeja Electric for completing the substation within a 12-month period. “Ikeja Electric is one of the top-performing DisCos in Nigeria. We recognise their efforts and urge even greater strides in expanding access and improving service quality.
“The Federal Ministry of Power remains committed to supporting initiatives that enhance energy reliability and affordability for all customers,” Adelabu added.