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No Grid Collapse in Four Months – Power Minister Praise Nigeria Stable Electricity
Nigeria’s power sector has gone four straight months without a national grid collapse, according to Minister of Power, Adebayo Adelabu.
Speaking during the sixth Ministerial Press Briefing in Abuja, Adelabu said the country is seeing more stability in electricity supply due to better generation capacity and ongoing power sector reforms.
He highlighted a recent milestone where the grid handled 5,801.63 megawatts without crashing, a sharp contrast to the past when it would collapse at just 5,000 megawatts.
Adelabu also noted that the April 2024 tariff adjustment for Band A customers boosted revenue in the sector by 70 percent and helped reduce the tariff shortfall by N700 billion.
Meanwhile, the Minister of Information, Mohammed Idris, emphasized that reliable power remains central to President Tinubu’s goal of industrializing Nigeria.
TV anchor Rufai Oseni makes headlines as he speaks on fuel subsidy in Nigeria. He shared that Nigeria can have fuel subsidy without the long queues at filling stations.
“When we were still paying subsidies, there were no long queues. We were subsidising. So you can still have a subsidy regime going on, and there will be no long queues because production was close by. Dangote had it. That’s just it. That argument also falls flat.
“The biggest beneficiaries of subsidy are not Nigerians. They are crony capitalists that have big infrastructure, and they do contracts. They have been the biggest beneficiaries of the subsidy,” he said.
Lagos State Governor, Sanwo-Olu, speaks to those in the electricity sector about the usual blackouts in the state.
He speaks on ways things can change in the state and how electricity can be provided.
“We need to drop corporate egos, abandon long-standing excuses, and confront the harsh realities obstructing progress in the power sector.”
“We, state governments, used to give excuses that everything is centralised, so the Federal Government has unbundled it now. What have we done in a year and a half?” Sanwo-Olu asked.
“We take two steps forward, we go five steps backward,” he said.
Lagos State Governor Babajide Sanwo-Olu has declared Thursday, August 20, a work-free day for public servants in the state to mark the Isese Festival.
Speaking on the celebration, he said “Ìṣẹ̀ṣe is not a relic. It is a living expression of our traditions and a celebration of Yoruba spirituality as an important part of Nigeria’s cultural and religious landscape,” he said.
He added “When the drums sound in Lagos on Thursday, they answer drums in Havana, in Salvador, in Port of Spain. Fifty-five million people and counting. Lagos is not observing a local holiday. Lagos is standing at the centre of a global heritage,” Aregbe said.
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