{"id":122781,"date":"2025-10-06T19:09:17","date_gmt":"2025-10-06T18:09:17","guid":{"rendered":"https:\/\/pointblanknews.com\/pbn\/?p=122781"},"modified":"2025-10-06T19:09:17","modified_gmt":"2025-10-06T18:09:17","slug":"minister-admits-grid-lapses-vows-steady-supply-nationwide","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/minister-admits-grid-lapses-vows-steady-supply-nationwide\/","title":{"rendered":"Minister Admits Grid Lapses, Vows Steady Supply Nationwide"},"content":{"rendered":"<div style=\"text-align: justify;\">By Daniel Adaji<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eThe Minister of Power, Adebayo Adelabu has acknowledged the persistent lapses in Nigeria\u2019s national grid and assured that the Federal Government is implementing sweeping reforms to ensure a stable and reliable electricity supply across the country.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eSpeaking at the Expert Forum on \u201cUninterrupted Power: The Industrial Imperative\u201d organized by the Nigeria Economic Summit Group (NESG) in Abuja on Monday, the minister said the government is aware of the \u201ccost pressures faced by businesses as a result of inadequate and unreliable grid supply,\u201d and is prioritizing strategic investments in infrastructure to stabilize power delivery.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eAccording to him, the administration of President Bola Tinubu, under the Renewed Hope Agenda, is pursuing broad-based reforms to improve power supply, especially to industrial clusters in Lagos, Enugu, Port Harcourt, Kaduna, Kano, and Ajaokuta.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200e\u201cWe are implementing the Light Up Nigeria project which is a Federal Government initiative to boost industrialization by providing reliable electricity nationwide,\u201d he said.<\/div>\n<div style=\"text-align: justify;\">\u200eThe project, led by Vice President Kashim Shettima, is already operational in the Agbara Industrial Hub in Lagos and Enugu State, with plans to expand to other locations.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eHe disclosed that similar private-led initiatives, such as the partnership between Konexa and Nigerian Breweries in Kaduna, are being evaluated for possible replication across the country.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200e\u201cIf successful, we plan to deploy these initiatives to other industries,\u201d he stated, adding that the government is considering a \u201cdifferential tariff or a time-of-use tariff for industries especially at off-peak hours\u201d to enhance productivity and job creation.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eProviding a broader policy context, the minister outlined the government\u2019s \u201ccomprehensive, multi-pronged approach\u201d to reposition the power sector for sustainability and growth.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eThe reforms, he said, cut across legislation, policy, infrastructure, energy transition, and local content development\u2014each designed to \u201caddress structural challenges, unlock private capital, and enhance service delivery across the electricity value chain.\u201d<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eHe described the enactment of the Electricity Act 2023 as a major milestone that devolves regulatory powers to states and promotes private sector participation.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200e\u201cSince its passage, 15 states have received regulatory autonomy to establish subnational electricity markets with one fully operationalised,\u201d he said, noting that the ministry is working to ensure alignment between the wholesale and retail markets.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eOn policy reforms, the minister disclosed that the Integrated National Electricity Policy\u2014approved by the Federal Executive Council earlier this year\u2014provides \u201ca coherent roadmap for sustainable sector growth.\u201d It is the first comprehensive framework of its kind in nearly two decades.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eHe also highlighted tariff reforms that have led to significant improvements in liquidity and investor confidence. \u201cIndustry revenue has increased by 70% to \u20a61.7 trillion in 2024 compared to the previous year, and the revenue is expected to exceed \u20a62 trillion for 2025,\u201d he said. To stabilize the market, President Tinubu has approved a \u20a64 trillion bond to clear verified debts owed to generation companies and gas suppliers.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eIn infrastructure development, the minister said the Presidential Power Initiative (PPI) has already delivered an additional 700MW in transmission capacity under its phase zero, while contracts for Phase One\u2014expected to add 7,000MW\u2014have been signed with Siemens Energy, CMEC, Elswedy Electric, and Power China.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eHe further noted that \u201cgeneration capacity is being expanded through the rehabilitation of existing NIPP plants to unlock about 345MW, alongside the successful integration of the 700MW Zungeru Hydropower Plant into the grid,\u201d raising average generation to about 5,300MW in 2024 from 4,200MW in 2023.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eOn metering, the Federal Government has launched the Presidential Metering Initiative (PMI) to close the national gap and improve transparency. \u201c\u20a6700 billion has been secured from FAAC to deploy 1.1 million meters by the end of 2025, and 2 million annually over the next five years,\u201d he said. This effort complements the 3.2 million meters being procured through the World Bank\u2019s DISREP program.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eThe minister added that Nigeria\u2019s energy transition drive is being supported by over $2 billion mobilized from bilateral and development finance partners, including the World Bank\u2019s $750 million DARES program, the $500 million NSIA RIPLE platform, and a $190 million JICA fund. These interventions, he said, are accelerating renewable energy deployment and expanding reliable power to underserved communities and public institutions.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eIn capacity development, he announced the commissioning of new training and simulation facilities at the National Power Training Institute of Nigeria (NAPTIN), with additional support from development partners. A new agreement between the Rural Electrification Agency and Oando Clean Energy, he said, will also deliver a 1.2GW solar power project to boost sustainability.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200e\u201cOur ultimate goal is to increase local content in the electricity value chain and ensure continuous capacity development to drive sustainability of the sector,\u201d the minister emphasized.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200eHe urged participants at the forum to provide \u201cconcrete, evidence-based policy recommendations\u201d that would help attract investment and promote synergy between federal and state governments in developing subnational electricity markets.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200e\u201cI encourage the NESG to consolidate the forum\u2019s outcomes into a policy memo summarizing the key consensus points and proposed follow-up actions for continued collaboration with government,\u201d he said.<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<div style=\"text-align: justify;\">\u200e<\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>By Daniel Adaji \u200e \u200eThe Minister of Power, Adebayo Adelabu has acknowledged the persistent lapses in Nigeria\u2019s national grid and assured that the Federal Government is implementing sweeping reforms to&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":118321,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-122781","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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