The newly appointed Minister of Power, Mr Adebayo Adelabu, has pledged to deliver stable and accessible electricity to every Nigerian home, industry, school, and business.
He said this was his mandate from the Federal Government and the expectation of the Nigerian people.
The minister made this promise on Monday in Abuja, when he resumed office as the head of the power ministry. He said he would use the Nigerian Electricity Act 2023 as a tool to improve power supply in the country.
The Nigerian Electricity Act 2023 is a new law that replaces the Electric Power Sector Reform Act 2005. It establishes a legal and institutional framework for a fully privatized, cost- and service-reflective tariff contract. It also creates a rule-based competitive electricity market in Nigeria.
The minister said he was committed to finding optimal solutions for Nigeria’s power needs across the nation. He said he would work with efficiency and collaboration to restore order and sanity in the power sector.
He also said he would foster strong partnerships between the private and public sectors, working together to enhance the nation’s economic and social well-being.
“Our focus will cover all aspects of life that truly matter: from households to small businesses, educational institutions to massive industrial productions, and beyond.
“One of our key goals is to ensure universal metering of households and address the challenges faced by our national power grid.
“We will also pay close attention to the options of renewable and alternative energies. The world is moving in this direction, and Nigeria must not be left behind,” he said.
The minister further said he would leverage the power of technology and the creativity of talented youths to achieve his objectives. He said he would ensure collaboration between the ministry’s ICT apparatus and the innovative ideas of young Nigerians to accelerate the envisaged transformation.
“Through this, we are confident we will deliver services that match the speed and values that the 21st-century economy demands,” he said.
