FG eyes 8,000MW as power sector reform deepens
The Federal Government has said it is targeting 8,000 megawatts of electricity generation and transmission by the end of 2027 as part of efforts to improve power supply across the country. The Minister of Power, Joseph Tegbe, disclosed this on Wednesday at the launch of the Renewable Energy Assets Management Company in Abuja by the Read More:…
The Federal Government aims to generate and transmit 8,000 megawatts of electricity by the end of 2027 as part of its efforts to improve power supply nationwide. The Minister of Power, Joseph Tegbe, unveiled these targets during the launch of the Renewable Energy Assets Management Company (RAMCO) in Abuja. Tegbe stated that the government had aimed for 6,500 megawatts by the end of 2026, but currently, the country struggles to transport only 5,000 megawatts.
The minister expressed optimism that Nigerians would soon enjoy constant electricity supply, highlighting recent improvements in the sector as just the beginning. Tegbe revealed that RAMCO would introduce a new approach to managing and sustaining renewable energy infrastructure, with its mandate eventually extending beyond renewable energy to the entire electricity grid.
The government is also developing a more versatile electricity system combining grid supply, embedded generation, interconnected and distributed renewables, storage, and other technologies. Mini-grids would be deployed to areas lacking transmission infrastructure, and renewable energy would play a growing role in Nigeria's electricity supply.
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