Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    PenCom Extends PenCare Access to Retirees Earning N150,000

    July 8, 2026

    Emefiele: I was Given Oral Waiver to Transact in Disputed Accounts – Witness

    July 8, 2026

    NPA Records 4.4% Rise in Cargo Throughput at Apapa Port in 2025

    July 8, 2026
    Facebook X (Twitter) Instagram
    Trending
    • PenCom Extends PenCare Access to Retirees Earning N150,000
    • Emefiele: I was Given Oral Waiver to Transact in Disputed Accounts – Witness
    • NPA Records 4.4% Rise in Cargo Throughput at Apapa Port in 2025
    • FG Vows to Deliver Tech-driven $1trn Economy
    • Trump in Turkey to Attend High-Stakes NATO Summit
    • Ebola Outbreak in Congo Still in ‘Expansion Phase ’-WHO
    • NNPC GCEO Urges Global Collaboration to Unlock Africa’s Energy Potential
    • NCAA Warns Revenue Cuts Could Affect Aviation Safety Oversight
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Wednesday, July 8
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » Nigeria Achieves Milestone in Power Supply- Adelabu

    Nigeria Achieves Milestone in Power Supply- Adelabu

    Marketforces AfricaBy Marketforces AfricaSeptember 30, 2024 News No Comments2 Mins Read
    Nigeria Achieves Milestone in Power Supply- Adelabu
    Adebayo Adebayo
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Nigeria Achieves Milestone in Power Supply- Adelabu

    The Minister of Power, Mr Adebayo Adelabu, says on Sunday that more than 40 per cent of Nigerians now enjoy 20 hours of power supply daily across the country.

    Adelabu, in a statement in Abuja, said the feat was achieved through revolutionary measures taken by the Ministry of Power, with the support of President Bola Tinubu, as part of his renewed hope agenda to galvanise the economy.

    He credited the achievements in the power sector to radical and bold steps taken by his administration, with President Tinubu’s consistent advocacy for stable and consistent power supply as a means to achieve breakthrough in industrialisation.

    Adelabu said the generation of more than 5,500 megawatts of power was one of the ministry’s significant achievements in the last year, with plans to improve further by the end of the year.

    “Most developed nations achieved reliable, functional, and affordable electricity as a fundamental step.

    “This is crucial for industries, businesses, institutions, and households. That’s why we must prioritise this for Nigeria to drive economic growth and industrial development.

    “President Bola Tinubu emphasised this in his New Year’s speech on January 1, stressing the need for stable electricity to power critical sectors.

    “This is the only way to achieve requisite economic growth and industrial development, as none of these sectors can function without it.”

    Adelabu outlined the administration’s vision to provide stable electricity supply to households, businesses, and institutions, including educational and health institutions, as well as industries.

    According to him, this initiative aims to empower these entities to power their infrastructure, enhance their capacity, and create additional job opportunities.

    He said that the ministry works with agencies, 27 power generating companies, and 11 Electricity Distribution Companies to achieve its goals.

    He added that with the support of President Tinubu, the ministry was committed to provide Nigerians with stable and regular electricity supply. #Nigeria Achieves Milestone in Power Supply- Adelabu

    Tottenham Hotspur romp to 3-0 win over 10-man Manchester United

    Adebayo Adelabu Power
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Marketforces Africa
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

    Keep Reading

    PenCom Extends PenCare Access to Retirees Earning N150,000

    Emefiele: I was Given Oral Waiver to Transact in Disputed Accounts – Witness

    NPA Records 4.4% Rise in Cargo Throughput at Apapa Port in 2025

    FG Vows to Deliver Tech-driven $1trn Economy

    Trump in Turkey to Attend High-Stakes NATO Summit

    Ebola Outbreak in Congo Still in ‘Expansion Phase ’-WHO

    Add A Comment

    Comments are closed.

    Editors Picks

    PenCom Extends PenCare Access to Retirees Earning N150,000

    July 8, 2026

    Emefiele: I was Given Oral Waiver to Transact in Disputed Accounts – Witness

    July 8, 2026

    NPA Records 4.4% Rise in Cargo Throughput at Apapa Port in 2025

    July 8, 2026

    FG Vows to Deliver Tech-driven $1trn Economy

    July 8, 2026

    Trump in Turkey to Attend High-Stakes NATO Summit

    July 7, 2026
    Latest Posts

    PenCom Extends PenCare Access to Retirees Earning N150,000

    July 8, 2026

    Emefiele: I was Given Oral Waiver to Transact in Disputed Accounts – Witness

    July 8, 2026

    NPA Records 4.4% Rise in Cargo Throughput at Apapa Port in 2025

    July 8, 2026

    FG Vows to Deliver Tech-driven $1trn Economy

    July 8, 2026

    Trump in Turkey to Attend High-Stakes NATO Summit

    July 7, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.