We must transmit 80 to 85% of generated power to customers to stay “liquid” – Power Minister  

Nigeria’s Honorable Minister for Power, Adebayo Adelabu has said that Nigeria’s power sector challenges will come to an end if the Nigerian Electricity Supply Industry (NESI) can transmit 80 to 85% of generated power to customers to stay liquid.  

He said this during his address on Tuesday, September 19, at the ongoing Nigeria Energy conference held in Lagos State.

While acknowledging energy as a critical aspect of Nigeria’s economy, he said no meaningful economic growth can be achieved without energy.  

According to him, he is determined to make an impact and transform the sector. He said that within the next three years, he will work to get Nigeria to 20,000 MW and transmit 80% to end users in the country.

He emphasized the need for metering in all households and businesses to ensure proper collection. 

He said: 

He acknowledged the fact that some progress has been made in the power sector value chain since privatization a decade ago, however, he noted that more needs to be done. He said: 

According to the Honorable Minister, amidst Nigeria’s power sector challenges lie remarkable opportunities. He said these challenges beckon Nigeria to embrace a transformative journey, one powered by renewable energy sources like solar, hydropower, and wind.  

He stated further that in this transformative pursuit, investments in cutting-edge technologies and pioneering innovations become imperative.

He called on the need for a revolution that reshapes how we generate, transmit, distribute, and consume electricity. This transformation, according to him, isn’t a solitary endeavour it’s a collaborative journey.

The sector’s advancement hinges on cohesive collaboration, knowledge sharing, and fostering robust partnerships. 

He also emphasized a green revolution in Nigeria’s transportation systems, propelled by electric vehicles and hydrogen technology, which he referred to as a necessity because it aligns us with a sustainable future, where our very mode of mobility echoes our commitment to a cleaner, brighter tomorrow. 

He said: 

The Minister, articulating a forward-thinking perspective, underscored how the Electricity Act stands as a harbinger of transformative changes. Its implications are vast and promising, poised to elevate access to electricity, enhance service quality, and drive critical infrastructural development. 

This act is a catalyst for a burgeoning investment landscape. It sparks competition within the Nigerian Electricity Supply Industry (NESI), presenting a dynamic ecosystem where innovation and progress thrive.

In essence, it sets the stage for a future where a reliable, accessible, and efficient electricity sector becomes a cornerstone of national development.