Adelabu: Over 40% of Nigerians now enjoy 20 hours of daily electricity supply | The Round Table Adebayo Adelabu, minister of power, reveals more than 40 percent of Nigerian electricity consumers now enjoy over 20 hours of regular supply daily.
The milestone was disclosed during a review of the ministry’s achievements over the past year as part of the country’s Independence Day celebrations.
In a statement on Sunday, Adelabu attributed the betterment to several “revolutionary measures” implemented with an indorse of President Bola Tinubu’s administration.
He disclosed the ministry’s initiatives are aligned with the president’s renewed hope agenda, which aims to rise industrialisation through consistent power supply.
“The major achievement is the fact that today we generate over 5,500 megawatts of power, we transmit and distribute it, and over 40% of customers today enjoy over 20 hours of regular power supply across the nation,” Adelabu said.
“You can see that there is a significant improvement between when we get in and now, which we intend to improve further.”
Adelabu revealed the ministry is striving to heighten this achievement by the final stage of the year, as reliable power supply is one of the key campaign promises of the president.
He stressed the derogatory role of stable electricity in developed nations, linking it to economic success.
“This is why you see great economies like Korea, China, Europe, and North America industrialised today. Their stability in electricity supply has been instrumental to their economic growth and industrial development,” he said.
This also trended:
“That is why we reveal that we must achieve this for Nigeria as a country. We call for to achieve an imperative economic growth and industrial development.”
‘RELIABLE ELECTRICITY SUPPLY WILL ENHANCE ECONOMIC GROWTH’
Adelabu disclosed the ministry’s vision is to provide reliable and affordable electricity to households, businesses, and institutions.
This, he said, will enable the country achieve the desired economic growth and industrial development.
Reflecting on the ministry’s pace since the inception of the administration, the minister stated the installed generation capacity has increased from 13,000 megawatts to over 14,000 megawatts.
He revealed this was made possible by the addition of forward-looking hydroelectric power plants and improvements in existing facilities.
Adelabu outlined several key reforms, including the signing of the forward-looking Electricity Act 2023, which decentralises power generation, allowing subnational governments to participate in the electricity market.
He disclosed the liberalisation of the sector has paved the way for private sector to also participate in the electricity supply industry.
In the infrastructure space, the minister highlighted the felicitous commissioning of 10 power transformers and mobile substations under the presidential power initiative.
He also acknowledged ongoing efforts to close the metering gap, noting that over 7 million Nigerian households are still without meters.
“Within a year, we completed the pilot phase of this project, which involved importing 10 power transformers and 10 power mobile substations. They have arrived; we have installed them, and we have commissioned them,” the minister said.
“Therefore, the electricity stability that we enjoy today is not by accident. It’s because of all these transformers and mobile substations that we commissioned and installed.
“There is the issue of the meter gap that we have. We all know that out of almost 13 million customers that we have in the industry, over 7 million customers are still without meters and are on estimated billing.
“We stated this is not the way to go. We must correct this, which is why President Bola Ahmed Tinubu set up the Presidential Metering Initiative, which has the mandate of installing over 10 million meters within the next five years, at least 2 million meters on a yearly basis.
“We are making betterment on this. The funds are being provided, and we will soon go into the acquisition of these meters. This would quell the meter gap.”
‘WORLD BANK SUPPORTING EFFORTS TO REDUCE METER GAP’
Adelabu also disclosed the World Bank is indorsing these efforts through the distribution recovery programme by procuring and installing 1.8 million meters.
He stated the contract of about 1.5 million meters has already been awarded and within the next two months, these meters will start arriving.
The minister also adjudged a special electricity supply initiative for the nation’s universities and other institutions aimed at preventing frequent power outages and ensuring they continue to benefit from lower tariffs.
“We have a program which we call the Nigerian electrification program, whereby we have about 34 universities to be energized through solar energy sources. I envisage we have completed about 13 now, and they are almost due for commissioning,” he said.
“We have plans to do this for some of the thatching hospitals and some of our military formations.
“We have electrified over three million people through these mini-grids across an uncivilized areas nationwide.
“We also have what we call the solar home systems that we give to each household, providing them with some point of light, some point to incriminate their phones, and some points for farming.”
Category: World-News
Tag: Adelabu Over 40 per cent of Nigerians now enjoy 20 hours of daily electricity supply The Round Table
Written by Author
Published 9/30/2024