- Tinubu Committed to Fixing Nigeria’s Power Sector – Shettima
- Says Nigeria cannot afford to take chances with its energy future
- Wale Edun said improving the power sector would have a direct positive impact on small businesses and overall economic growth
Vice President Kashim Shettima has reiterated the Federal Government’s resolve to overhaul Nigeria’s power sector, stressing that energy security remains critical to the nation’s growth and stability.
Eko Hot Blog reports that Shettima made this known in Abuja while commissioning the new headquarters of the Nigerian Electricity Liability Management Company in Asokoro.
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He said the Tinubu administration is focused on building a more efficient, transparent, and investment-friendly electricity sector.
According to him, Nigeria cannot afford to take chances with its energy future, noting that meaningful reform will require data-driven decisions, smart use of technology, and stronger collaboration with both local and international partners.
“This administration remains resolute in its commitment to reform and strengthen the power sector,” Shettima said, adding that institutions like NELMCO play a crucial but often overlooked role in stabilising the system.
He described the agency as a key player in addressing long-standing financial and structural challenges in the electricity industry, noting that its work is essential to restoring confidence in the sector.
The Vice President also used the occasion to call on private investors and global partners to take advantage of opportunities in Nigeria’s power space, assuring them of a transparent and predictable business environment.
Also speaking, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said improving the power sector would have a direct positive impact on small businesses and overall economic growth.
Similarly, the Minister of Power, Adebayo Adelabu, noted that the new NELMCO headquarters reflects ongoing efforts to strengthen financial stability in the sector and effectively manage legacy debts.
For the Tinubu administration, the message is clear , fixing Nigeria’s power sector is central to unlocking economic potential, and the government says it is ready to back reforms with action.
