Federal Government acknowledges challenges in power supply, vows improvement

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By Akinsuroju Olubunmi

Power supply : Federal Government acknowledges challenges in power supply, vows improvement.

Federal Government acknowledges challenges in power supply, vows improvement

The Federal Government has openly recognized the significant impact of inadequate supply of power on the quality of life for citizens across Nigeria. Minister of Power, Chief Adebayo Adelabu, conveyed this acknowledgment during the electricity and energy access session at the Nigeria International Energy Summit (NIES) held in Abuja.

Chief Adelabu assured that the government is actively working to enhance the supply of power nationwide. Efforts include establishing gas supply contracts for power plants managed by the Niger Delta Power Holding Company (NDPHC) under the National Integrated Power Projects (NIPP), which is projected to add approximately 3,500MW to the grid.

While urging patience from Nigerians, Chief Adelabu emphasized that the sector’s challenges have been identified, with solutions underway. He stressed the importance of making the power sector attractive for investment, ensuring a sustainable return on investment for stakeholders.

Highlighting the necessity for collaboration among stakeholders, Chief Adelabu underscored the need to address the energy access gap not only in Nigeria but also across African countries.

In his closing remarks, Senator George Akume, the Secretary to the Government of the Federation, expressed the government’s commitment to facilitating the establishment of the Africa Energy Bank’s head office in Nigeria. He commended participants for their contributions to the summit, emphasizing the importance of inclusive discussions and cooperation in advancing the energy sector’s trajectory.

The summit provided a platform for meaningful engagements on policies, innovations, and advancements within the energy sector. Senator Akume expressed confidence that the collaborative efforts initiated during the summit would yield tangible results, driving transformative changes in the energy landscape.

Power , Federal Government, Energy Summit

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