Intervention in power sector will be strategic – Minister

The Minister of Power, Adebayo Adelabu, has stated that the federal government’s intervention in the power sector would be strategic to harness energy peculiar to each region in the country.

The minister, who was speaking at annual Power Correspondents Association of Nigeria (PCAN) seminar said the government will focus on solar energy in the North, mini hydro power plants in the Middle Belt and the Southwest, hybridised with solar while the coastal states will be identified for wind energy utilisation.

Adelabu, while stating that PCAN is one of the key stakeholders and partners in the sector, called for the media to advocate against power theft, vandalisation and educate consumers against sabotage.

He said the financial liquidity of the Nigerian Electricity Supply Industry (NESI) is dependent on customers paying for electricity consumed.

“Taking all the above into consideration, especially with the liberalisation of the sector, Nigerians will soon start to experience the objective that led to the Act which is to improve power supply across the country.

“I want to put it on record that the 2023 Electricity Act is a significant part of our country’s energy roadmap as it clearly signifies the present administration’s commitment to the transformation of the power sector as clearly stated in the agenda of Mr President as contained in the Renewed Hope Agenda.”