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Nigerian News, Politics, Business, Economy, Investment, Entertainment and Sports. > Blog > News > FG to leverage Nigerian Electricity Act to boost power supply –Adelabu
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FG to leverage Nigerian Electricity Act to boost power supply –Adelabu

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Last updated: August 22, 2023 4:10 pm
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3 years ago
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The new Minister of Power, Mr Adebayo Adelabu has assured that the federal government will empower Nigerians through stable and accessible power.

The minister, who gave the assurance when he assumed office on Monday in Abuja stressed that every home, industry, school, and business will benefit from the government’s efforts.


To achieve the feat, Adelabu said the ministry will leverage the Nigerian Electricity Act of 2023 to boost the power supply in the country.

The Nigerian Electricity Act, 2023 provides a comprehensive legal and institutional framework for the operation of a fully privatized, cost and service-reflective tariff contract.


The Act also provides a rule-based competitive electricity market in Nigeria and repeals the following Acts: Electric Power Sector Reform Act, 2005.

According to the minister, the ministry will diligently provide optimal solutions for Nigeria’s power needs across the nation.

He said the task was not merely a requirement, but an expectation from both the President and the Nigerian populace who had endured years of power challenges.

“This responsibility weighs heavily upon us, and it is with conviction, divine guidance, and the support of President Tinubu, the National Assembly, government agencies, and Nigerians that I pledge my commitment to achieve success in the power sector.

“Recognising that there are numerous deserving and qualified Nigerians for this role, I am truly humbled that the President has entrusted me with this vital task, as we collectively envision the growth and prosperity of our nation,” he said.

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TAGGED:AdelabuBoost electricityElectric power generationElectricity regulationsenergy policyenergy sectorFG (Federal Government)infrastructure developmentNigerian Electricity ActPower supplySUSTAINABLE ENERGY
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