The power sector has been struggling with limited distribution networks, limited transmission line capacity, a huge metering gap and a fall in gas supply. The country’s power problem did not start today; the power sector under previous administrations had a lot of challenges ranging from transmission to generation and distribution. The sector is also suffering from low generating capacity, poor system maintenance, and vandalism of electricity installations In spite of the privatisation of the power sector, which produced six generation companies and 11 Electricity Distribution Companies (DisCos), much improvement had not been achieved.
With President Bola Tinubu taking over power on May 29, 2023 and with his “Renewed Hope Agenda” there was the belief that the power situation would change. However, experts are of the opinion that if proper reforms are put in place, the sector will be able to achieve stable and reliable power supply. The power sector under Tinubu has witnessed some reforms as he is poised to ensure that he delivers electricity to the people.
Minister of Power, Mr Adebayo Adelabu, said that the reforms in the power sector were part of the “Renewed Hope Agenda’’ of Tinubu towards transforming the sector in the pursuit of reliable and sustainable electricity for a better Nigeria. Adelabu, speaking on the achievements of the Tinubu-led administration in tackling the power sector issues across the National Electricity Supply Industry value chain in the l.