…as Adelabu attribute recent milestones to tariff review

Nigeria’s power sector has recorded a new record in its power generation, as the Ministry of Power announces power generation at 6003MW on Wednesday. This is contained in a statement issued by Bolaji Tunji, Special Adviser on Strategic Communication to the Honourable Minister of Power.

It noted that on Sunday, March 2, 2025, Nigeria achieved a record available power generation of 6,003 megawatts (MW), the highest in the nation’s history. This was followed by another landmark within the period, when the country recorded a peak generation evacuation of 5,801.84 MW and a daily maximum energy output of 128,370.75 megawatt-hours (MWh).

Quoting the Minister, Tunji noted that one of the key factors contributing to the recent achievement in power generation is the tariff review which has ensured liquidity in the sector and created a more sustainable and investment-friendly environment for the power sector.

He explained that by ensuring that tariffs reflect the true cost of power generation and distribution, the government is paving the way for increased private sector participation and the mobilization of much-needed capital for infrastructure development.

According to the Minister, the regularization of tariffs will play a critical role in unlocking the sector’s full potential and driving further improvements in power generation and distribution.

“We are thrilled to announce these historic milestones in Nigeria’s power sector. The record available generation of 6,003 MW, the peak evacuation of 5,801.84 MW, and the daily maximum energy output of 128,370.75 MWh are testaments to the hard work, dedication, and strategic reforms being implemented under the leadership of the Honourable Minister of Power, Adebayo Adelabu.

“To sustain these improvements Government would have to pay down on the tariff shortfalls of N1.94 trillion for 2024 and legacy debts of N2 trillion to the GENCOs. It would be important to continue the tariff reforms to ensure consumers start to pay for the energy consumed

“By the time the tariffs are fully regularized, we will be moving closer to 7,000 MW of available generation capacity. This will mark another significant milestone in our journey towards a stable, reliable, and efficient power sector that meets the needs of all Nigerians.”

According to Bolaji, these achievements represent a significant leap forward in the sector’s capacity to meet the growing energy demands in the country, ongoing reforms in the power sector and the avowed commitment of the administration of President Bola Tinubu to ensure regular electricity supply in order to galvanise the nation’s economy.

He also noted other efforts of the government which include the rehabilitation and upgrading of transmission and distribution networks, the implementation of innovative technologies, and the introduction of policy reforms aimed at enhancing efficiency and accountability.

According to the statement, the Minister has been at the forefront of these initiatives, driving a comprehensive agenda to transform the sector and ensure that Nigeria achieves its full potential in power generation and distribution.

“These achievements are not just numbers; they represent a brighter future for Nigeria, where businesses can thrive, households can enjoy uninterrupted power supply, and the economy can grow sustainably. We pray for the sustainability of these landmark records and look forward to further improvements on all parameters in the coming days.

“The series of historic achievements in Nigeria’s power sector, mark a significant step forward in the nation’s quest for sustainable and reliable electricity supply. Under the leadership of the Honourable Minister of Power, Adebayo Adelabu, the sector has recorded unprecedented milestones in power generation, evacuation, and daily energy output, signalling a new era of progress and development,” the statement read.

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