Why Nigerian Govt Fails To Meet 6,000MW Power Target – Minister

December 29, 2024
Why Nigerian Govt Fails To Meet 6,000MW Power Target – Minister

The Nigerian government’s goal to achieve a power generation capacity of 6,000 megawatts (MW) by December 2024 has been derailed due to repeated vandalism of key transmission infrastructure. Minister of Power, Adebayo Adelabu, stated that the consistent attacks on electricity towers have significantly set back efforts to stabilise and improve the nation’s electricity supply.

“The vandalism has been a major setback,” Adelabu said. “Despite progress in adding capacity, the damage to our infrastructure has affected the plan.”

Join our WhatsApp Channel

Current Power Generation Levels Below Target

Nigeria’s current power generation fluctuates between 4,000MW and 4,900MW, far from the intended 6,000MW mark. According to the latest operational report, power generation stood at 4,363.79MW as of Saturday morning.

The country’s power grid serves a population of over 200 million people, making the shortfall in electricity supply a critical issue.

Minister Outlines Initial Progress Towards 6,000MW Target

Earlier in the year, Minister Adelabu expressed optimism about achieving the 6,000MW power target, citing improvements in the sector under the current administration. Since taking office, the administration reportedly added about 1,000MW to the grid, reaching a milestone of 5,231MW in November 2024.

However, Adelabu acknowledged that the progress was disrupted by infrastructure challenges. “We were on track to meet the 6,000MW target, but the work of vandals has slowed our efforts. We are committed to overcoming these challenges,” he assured.

READ ALSO: Aba Power Set To Commission New 20MW Line For Industries In Aba

Costs of Vandalism and Subsidy Debts

The Transmission Company of Nigeria (TCN) disclosed that N8.8 billion has been spent repairing 128 vandalised towers this year alone. Beyond vandalism, subsidy debts are also weighing down the sector.

Special Adviser on Media Relations, Bolaji Tunji, explained that the N2.3 trillion subsidy bill for 2024 far exceeds the budget allocation of N450 billion. This shortfall has caused delays in payments to power generation and gas companies, further straining the sector.

Plans to Revive Power Generation in 2025

The government is outlining measures to improve power generation in 2025. Key strategies include increasing budgetary provisions for subsidy payments and ramping up investments in infrastructure.

“The committee on revamping ageing equipment is working, and the Federal Government has raised budget allocations to address infrastructure needs,” Tunji said.

He also highlighted the importance of private sector involvement, stating, “Creating a conducive environment for private investment is the only way to secure the capital needed for long-term improvements.”

Increased Funding for Power Projects in 2025

In the proposed 2025 budget, the Ministry of Power has allocated N269.74 billion for special intervention power projects, N47.35 billion for transformer and substation construction, and N36.82 billion for transmission line projects.

“We are taking steps to strengthen the grid and ensure timely payments for electricity consumed,” Tunji added.

Moving Forward Amid Challenges

Despite the setbacks, the government remains determined to achieve its power generation goals. Efforts to address vandalism, subsidy debts, and infrastructure fragility are ongoing.

“The challenges are real, but our commitment to providing reliable power to Nigerians is unwavering,” Adelabu concluded.

emmmmmm
+ posts

Emmanuel Ochayi is a journalist. He is a graduate of the University of Lagos, School of first choice and the nations pride. Emmanuel is keen on exploring writing angles in different areas, including Business, climate change, politics, Education, and others.

Emmanuel Ochayi

Emmanuel Ochayi is a journalist. He is a graduate of the University of Lagos, School of first choice and the nations pride. Emmanuel is keen on exploring writing angles in different areas, including Business, climate change, politics, Education, and others.

anthony joshua in shagamu
Previous Story

How Homeboy Anthony Joshua Stormed Shagamu For Christmas

South Korea’s December will forever be remembered as a month of unprecedented political turmoil and national tragedy
Next Story

South Korea’s Political Crisis, Devastating Plane Crash Mark Tragic End To 2024

Featured Stories

37 Dead: The Cost of Lithium

Written by MARCEL MBAMALU It is now about two weeks since officers of the Nigeria Security and Civil Defence Corps (NSCDC) arrested scores

Lithium: New Oil, Same Curse?

Written by MARCEL MBAMALU The United Nations has recently announced that it selected Nigeria, alongside Guinea, Indonesia, Madagascar, Zambia and Zimbabwe, as one

Latest from Business News

Kenyan Investors Gain Access to Dangote Refinery IPO through GDRs

Written by Amanze Chinonye Kenyan investors will be able to participate in Dangote Petroleum Refinery & Petrochemicals’ Nigerian initial public offering through global depository receipts (GDRs), Kenya’s Capital Markets Authority said on Monday, opening a new channel for cross-border investment in Africa’s refining

37 Dead: The Cost of Lithium

Written by MARCEL MBAMALU It is now about two weeks since officers of the Nigeria Security and Civil Defence Corps (NSCDC) arrested scores of people suspected of illegal mining around the M.I. Wushishi and Lukoto areas of Niger State. The arrests followed concerns

Lithium: New Oil, Same Curse?

Written by MARCEL MBAMALU The United Nations has recently announced that it selected Nigeria, alongside Guinea, Indonesia, Madagascar, Zambia and Zimbabwe, as one of the first countries to receive country-level support under its new initiative on critical energy transition minerals. It is an

India, Switzerland Set Up Trade Group as EFTA Pact Enters Second Year

Written by Amanze Chinonye India and Switzerland have agreed to establish a special group to address trade and investment concerns and strengthen economic ties, as the two countries mark one year since the India-European Free Trade Association (EFTA) Trade and Economic Partnership Agreement
anthony joshua in shagamu
Previous Story

How Homeboy Anthony Joshua Stormed Shagamu For Christmas

South Korea’s December will forever be remembered as a month of unprecedented political turmoil and national tragedy
Next Story

South Korea’s Political Crisis, Devastating Plane Crash Mark Tragic End To 2024

Don't Miss

CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

Nigeria’s Foreign Reserves Drops To $37.09 billion, CBN’s MPC Member Makes Projection

Within 12 months, Nigeria’s foreign reserves fell by $3.43 billion
5 Special Grants Opportunities For African Journalists, Content Creators This Week

5 Special Grants Opportunities For African Journalists, Content Creators This Week

By Isaac Chukwuebuka Chibuife In the heart of Africa’s vibrant