{
  "id": 3577592,
  "title": "FG targets improved electricity supply with renewable energy",
  "url": "https://urgent.news/2026/08/26/fg-targets-improved-electricity-supply-with-renewable-energy-3577592",
  "topic": "world",
  "section": "World",
  "published": "2026-08-26T19:50:16.000Z",
  "source": {
    "name": "Punch Nigeria",
    "slug": "punch-nigeria",
    "url": "https://punchng.com/fg-targets-improved-electricity-supply-with-renewable-energy/"
  },
  "original_language": "en",
  "account": "The Federal Government aims to enhance electricity supply through the strategic use and responsible management of renewable energy resources across Nigeria, stated Minister of Power, Joseph Tegbe. Speaking at the launch of the Renewable Asset Management Company (RAMCO) and a stakeholders' media engagement session, Tegbe emphasized that renewable energy has become a crucial element of Nigeria's electricity strategy. He explained that the government is pursuing a diversified power system, incorporating various energy sources such as grid supply, embedded generation, interconnected and isolated mini-grids, distributed renewables, storage, and other technologies tailored to specific communities and economic clusters. According to Tegbe, deploying renewable assets closer to demand can improve access, strengthen public institutions, and boost resilience within the broader power system. He highlighted that RAMCO serves as an essential component of broader reforms in the power sector, focusing on efficient and sustainable management of power assets and ensuring electricity availability where and when it is needed at a sustainable price. RAMCO will play a pivotal role in linking infrastructure deployment and sustainability, public investment, and private capital. Tegbe lamented Nigeria's long-standing paradox of possessing significant power assets and energy resources but still grappling with dependable electricity supply. He emphasized that RAMCO's success should be gauged by the operational performance of assets and the additional investment drawn into the sector rather than merely the number of assets under its management. The minister underscored that the Federal Government's goal is not solely to increase electricity supply but to use electricity as a catalyst for economic development. He stressed that dependable power is vital for Nigeria to become competitive in manufacturing, facilitate digital infrastructure, enhance healthcare delivery, modernize agriculture, and expand economic opportunities in rural areas. Tegbe also noted that RAMCO will aid in attracting both domestic and international capital into Nigeria's power sector on commercial terms.",
  "summary": "The Federal Government is boosting Nigeria’s electricity supply by deploying and managing renewable energy assets. Learn how this initiative aims to build Read More: https://punchng.com/fg-targets-improved-electricity-supply-with-renewable-energy/",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Punch",
        "title": "FG targets improved electricity supply with renewable energy",
        "url": "https://urgent.news/2026/08/26/fg-targets-improved-electricity-supply-with-renewable-energy",
        "published": "2026-08-26T19:38:16.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}