
The Federal Government has officially ratified and adopted a comprehensive roadmap for the Nigerian Electricity Supply Industry (NESI) through the approval of the National Integrated Electricity Policy (NIEP). Bolaji Tunji, Special Adviser on Strategic Communications and Media Relations to the Minister of Power, disclosed this in a statement issued in Abuja on Monday.
Tunji said the policy, prepared since December 2024 and submitted to President Bola Tinubu, received formal approval during Monday’s Federal Executive Council meeting.He explained that the NIEP was a holistic framework designed to align Nigeria’s electricity sector with national development goals and international best practices, in line with Section 3(3) of the revised Electricity Act, 2023.
Quoting the Minister of Power, Adebayo Adelabu, Tunji noted that the policy implementation had already begun and would now gain traction following presidential ratification, with its impact expected to be felt across the power sector soon.According to Adelabu, the Electricity Act, 2023, mandates the federal government. through the Ministry of Power, to initiate and publish an integrated National Electricity Policy and Strategic Implementation Plan within one year of the Act’s commencement.
Quoting the Minister of Power, Adebayo Adelabu, Tunji noted that the policy implementation had already begun and would now gain traction following presidential ratification, with its impact expected to be felt across the power sector soon.
According to Adelabu, the Electricity Act, 2023, mandates the federal government. through the Ministry of Power, to initiate and publish an integrated National Electricity Policy and Strategic Implementation Plan within one year of the Act’s commencement.
Quoting the Minister of Power, Adebayo Adelabu, Tunji noted that the policy implementation had already begun and would now gain traction following presidential ratification, with its impact expected to be felt across the power sector soon.
According to Adelabu, the Electricity Act, 2023, mandates the federal government. through the Ministry of Power, to initiate and publish an integrated National Electricity Policy and Strategic Implementation Plan within one year of the Act’s commencement.