In response to the persistent power blackouts in some parts of the country, the Minister of Power, Adebayo Adelabu, has announced that the federal government will set up a committee to tackle the issue.
The decision was made after a meeting with electricity distribution and generation company representatives held on Friday in Abuja.
Minister Adelabu expressed his commitment to resolving the power supply challenges in a statement posted on his official X account, stating,
“I have decided to form a committee involving all stakeholders. Together, we will work on recommendations to resolve these issues and ensure a more reliable and consistent power supply for our citizens.”
The minister revealed that discussions were held with distribution companies on Thursday to address the ongoing blackouts in various parts of the country.
To better understand the challenges, he also visited power facilities in Olorunsogo, Ogun State, and Omotosho in Ondo.
Adelabu acknowledged the improvement in power supply during the yuletide but noted setbacks in the New Year.
”After investigations, it was determined that the primary cause of poor power supply was the low gas supply to Generation Companies (GenCos).
”Resolving the gas supply issue has been identified as a top priority,” he said.
The minister outlined plans to initiate discussions with the Minister of State for Petroleum Resources to prioritize gas-to-power and address the challenges faced by GenCos.
During the meeting, the indebtedness of Nigeria Bulk Electricity Trading Company (NBET) to GenCos was also addressed.
Adelabu assured stakeholders that efforts were underway to validate the debt and determine a fair resolution, emphasizing the importance of contractual arrangements between GenCos and gas suppliers for a steady gas supply.
While recognizing the liquidity challenge in the sector, the minister assured the public of the government’s commitment to stabilizing the power sector.
He appreciated Nigerians’ patience and collaboration as they worked towards a brighter, more reliable energy future for Nigeria.