Nigeria’s Minister of Power, Adebayo Adelabu, has revealed that the country needs at least $10 billion annually over the next 10 to 20 years to achieve a stable and reliable electricity supply. He attributed the persistent power crisis to decades of underinvestment, poor maintenance, and a deteriorating transmission infrastructure.
Adelabu made the disclosure on Tuesday during the commissioning of a 2.5MW solar hybrid power plant at the Nigerian Defence Academy (NDA) in Kaduna. He stressed that unless the issues of the past are addressed, current and future investments may not yield the desired results in the power sector.
He also reaffirmed the federal government’s commitment to reforming the sector, noting that President Bola Tinubu’s administration is determined to fix long-standing inefficiencies. According to him, the administration is prioritising investments that can significantly expand access and improve reliability across the national grid.
The minister’s comments come as the Rural Electrification Agency (REA) launched the third phase of its Rural Electrification Fund (REF), aimed at delivering off-grid power solutions to underserved and unserved communities across Nigeria.
