Saturday, July 18, 2026

Ministers seek unified efforts for economic growth via the power sector

Nigerian ministers have stressed the significance of the power sector in achieving economic growth and industrialisation.

• August 8, 2024
Lantern in darkness; Ministers
Lantern in darkness; Ministers

Nigerian ministers have stressed the significance of the power sector in achieving economic growth and industrialisation.

This was noted in a statement by Bolaji Tunji, the media aide to the power minister, on Thursday.

They also highlighted the need for collaboration in tackling the challenges that could hinder the power sector from achieving its full potential. The ministers said this at the inaugural Inter-Ministerial Power Sector Working Group meeting held at the power ministry.

The ministers are Adebayo Adelabu, Balarabe Lawal, Joseph Utsev, Atiku Bagudu and Heineken Lokpobiri.

Addressing the ministers, Mr Adelabu emphasised the importance of the power sector as a major driver of economic growth. This, Mr Adelabu said, was in tandem with President Bola Tinubu’s vision of the power sector as the driver of the other sectors of the economy.

Mr Adelabu said the power sector was on track towards achieving the president’s instruction that a landmark generation and transmission of 6000 megawatts must be achieved by the end of December.

While speaking about the reason for setting up the ministerial working group, the minister said that the power ministry was on the right track towards achieving the presidential mandate.

Mr Adelabu said there had been many informal meetings, gatherings, and conversations regarding activities in the power sector and how to inter-relate and depend on each other.

Mr Adelabu said, presently, 75 per cent of the country’s power generation comes from power gas plants while about 25 per cent comes from hydroelectric power plants.

Mr Utsev acknowledged the importance of collaborating with the power ministry.

He said, “The ministry of water resources and the ministry of power are like brothers and sisters, and we will do everything possible to work together to achieve the renewable energy agenda of the president in making life better for Nigerians.”

Mr Lawal emphasised the importance of the power sector in economic development and the environment ministry, adding that power generation, transmission and distribution impact the environment.

He stated, “The ministry of environment is essentially a regulator in this process through some of our agencies and the ministry. In all the power sector value-chain process, waste is generated. “And how to manage this waste is important to us. As we go-ahead to develop our power sector, we are also developing a process to manage the waste that will come out.”

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Dikko Radda

States

Katsina govt begins statewide 2027 budget consultations

The governor said the consultations would be held simultaneously across all 361 political wards in the state’s 34 local government areas.

Chartered Institute of Bankers of Nigeria (CIBN)

Economy

CIBN projects 26.5% monetary policy rate retention

Mr Alabi said the expectation was based on the CBN’s inflation-targeting monetary policy framework and recent economic developments.

Police officer

Hot news Home top

Police nab fake pastor, accomplice for allegedly stealing newborn baby in Niger

The suspect lured a nursing mother and her 4-week-old baby to the Kasuwan-Gwari Area.

Electricity station

Heading 4

Poor leadership, corruption affecting Nigeria’s power sector, says ex-TCN boss 

He advocated the appointment of competent professionals based on merit rather than political considerations.

Heading 5

Several injured as 18-seater bus rams into market in Kwara

The injured were taken to a nearby hospital for emergency medical treatment.

Gardens

Agriculture

Stakeholders seek plant-based protein policies to boost food security

She said plant-based proteins were critical to building sustainable food systems.