BREAKING: FG Reveals New Electricity Policy

BREAKING: FG Reveals New Electricity Policy

The Federal Government unveiled the zero draft of the National Integrated Electricity Policy and Strategic Implementation Plan on Tuesday.

This policy is designed to tackle the significant challenges within the Nigerian Electricity Supply Industry and pave the way for a robust, sustainable, and inclusive power sector.

During the presentation in Abuja on Wednesday, the Minister of Power, Adebayo Adelabu, highlighted the importance of this policy in Nigeria’s journey toward achieving a power sector that meets the needs of all Nigerians.

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The NIEP-SIP is a comprehensive policy document that outlines strategic interventions across the entire electricity value chain, including generation, transmission, distribution, and off-grid solutions.

Adelabu emphasized that the policy is the result of extensive consultations with industry experts, stakeholders, and development partners.

He stated, “The journey leading to this point has been a collaborative and rigorous process, driven by our shared commitment to addressing the critical challenges within the Nigerian Electricity Supply Industry.”

The minister also pointed out that the policy framework not only addresses current challenges but also anticipates future needs, ensuring that the power sector remains resilient and efficient.

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