The Minister of Power, Chief Adebayo Adelabu, has declared that there has been improvement in the power sector following the reforms introduced by the President Bola Ahmed Tinubu administration.
A statement by the ministry on Wednesday said Adelabu stated this during the first meeting of the Inter-Ministerial Power Sector Working Group set up by the President.
He said the working group was established to activate seamless power sector liquidity and financing and also to provide guidance in the governance structure particularly in the electricity distribution companies, DisCos.
“The President meant his words when he said that he would give us all the support, all the backings and the inspirations we require to turn around this sector. He has kept his word since he assumed office. The improvement we have witnessed in the power sector is not unconnected to the backing and support of the President to all the policies and all the activities of the Ministry. And we are grateful for all the support.
“Just few days ago, 27 July specifically, we successfully generated and transmitted 5,105 megawatts of Power, the highest ever witnessed in the last three years. The capacity before now had always hovered around 4000megawatts or below. But within a year of taking over, we have had about 25 per cent increase.
“We are actually on the track towards achieving the President’s instruction to us that by the end of December, we must achieve a landmark generation and transmission of 6000 megawatts”, he added.
Adelabu, who spoke on the reason for setting up the ministerial working group, said the power ministry is on the right track towards achieving the presidential mandate.
“We will not only focus on generation and transmission but also distribute it to the doorsteps of households, of businesses, of institutions and of industries in Nigeria. So that they can feel the reforms and transformation in the power sector. Having realized this, we believed that power is not something that should be left alone to the Ministry of Power and its agencies because there are lots of supportive ministries without which we cannot achieve our mandate”.
Also speaking, the Minister of Water Resources and Sanitation, who was in attendance with the Minister of State in the Ministry Hon. Bello Goronyo acknowledged the importance of collaborating with the Power Ministry.
“Ministry of Water Resources and the Ministry of Power are like brothers and sisters and we will do everything possible to work together to achieve the renewable energy agenda of the President in making life better for Nigerians”.
On his part, the Minister of the Environment who was represented by the Minister of State, Hon Iziaq Adekunle Salako emphasized the importance of the Power Sector in economic development.
“There is no doubt that power is central to everything. Virtually everything we do these days have elements of Power. So, we need to take the power sector very seriously. It is central to everything that we do”.
