The Minister of Power, Adebayo Adelabu, has received a draft of the National Integrated Electricity Policy and Strategic Implementation Plan, which is designed to address and resolve challenges within Nigeria’s electricity sector. The draft, received on Wednesday in Abuja, is set to be presented to the Federal Executive Council (FEC) in six weeks.
Thank you for reading this post, don't forget to subscribe!The policy, developed by industry experts and key stakeholders, outlines comprehensive interventions across the power value chain—from generation and transmission to distribution and off-grid segments. Adelabu emphasized that the policy aims to ensure equitable electricity access for all Nigerians, particularly in underserved communities, foster a conducive environment for investment, and integrate renewable energy sources.
The Nigerian power sector has long struggled with issues that hinder electricity generation and impact industrialization. Adelabu noted the government’s plan to increase power generation from approximately 4,000 megawatts to 6,000 megawatts within the next six months. Currently, 25% of Nigeria’s power comes from hydroelectric sources, while 75% is generated from gas plants.
In April 2024, the Nigerian Electricity Regulatory Commission (NERC) increased electricity tariffs for customers receiving 20 hours of power supply daily, now paying N225 per kilowatt-hour, up from N66. This hike has faced criticism from many Nigerians due to its timing amidst ongoing economic difficulties.
