FG unveils new electricity policy

The Federal Government on Tuesday unveiled the zero draft of the National Integrated Electricity Policy and Strategic Implementation Plan (NIEP-SIP).

The policy aims to address the pressing challenges within the Nigerian Electricity Supply Industry and set the nation on a path toward a robust, sustainable, and inclusive power sector.

Speaking at the presentation event on Wednesday in Abuja, the Minister of Power, Adebayo Adelabu, described the policy as “critical in our nation’s journey toward achieving a robust, sustainable, and inclusive power sector that meets the aspirations of all Nigerians.”

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

The minister emphasised that the policy is the product of extensive consultations with industry experts, key stakeholders, and development partners.

“The journey leading up to today has been a collaborative and rigorous process, driven by our collective commitment to addressing the pressing challenges within the Nigerian Electricity Supply Industry,” Adelabu noted.

He said the policy framework not only responds to current realities but also anticipates future needs, ensuring that the power sector remains resilient and efficient.

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