The Minister of Power, Adebayo Adelabu, has said the Nigerian government is resolute on achieving 24-hour power supply for Nigerians.
Adebayo disclosed this on Thursday at the 4th Power Correspondents Association of Nigeria annual workshop in Abuja.
Adelabu, represented by Director of Renewable Energy, Sunday Owolabi, stressed that the government’s policies are focused on ending the challenges facing the country’s electricity transmission, distribution and generation sub-sectors.
“We are fully committed to transforming the country’s power sector.
“We are focused on ensuring that our policies are practical and sustainable.
“We are resolute on ensuring power supply for every Nigerian,” he said.
This comes as the Managing Director of Azura-Independent Power Plant, Edu Okeke, restated the need for private sector investment to address the challenges in Nigeria’s power sector.
Edu said for a plausible change in the power sector, each electricity distribution company in Nigeria needs to invest at least $500 million.
He said, “Until private sector investment comes into Nigeria, nothing like transformation will be seen in the country’s power sector.”
