Adelabu: Nigeria Needs $10bn Annually for 20 Years to Have Stable Electricity

Power Minister Says Nigeria Needs $200bn to Achieve Stable Supply, Raising Eyebrows Amid Poor Investment Record

Nigeria will need to spend at least $10 billion annually over the next two decades, roughly $200 billion in total, to achieve stable and reliable electricity, Minister of Power Adebayo Adelabu said on Tuesday. “For us to achieve functional, reliable and stable electricity in Nigeria, we need not less than $10 billion annually for the […] The post Power Minister Says Nigeria Needs $200bn to Achieve Stable Supply, Raising Eyebrows Amid Poor Invest…

Power Minister Highlights $10 Billion Annual Investment Need for Nigeria’s Electricity Stability

Nigeria’s Minister of Power, Adebayo Adelabu, announced on May 13, 2025, during a ministerial briefing in Abuja that the country needs an annual investment of $10 billion for the next decade to achieve a stable and reliable power supply, addressing a critical barrier to economic growth. The revelation underscores the government’s renewed push to overhaul the nation’s beleaguered electricity sector.Nigeria, with a population of 230 million, gener…

Adelabu: Nigeria Needs $10bn Annually for 20 Years to Have Stable Electricity

FG set to attract N5.6bn to third round of rural electrification fund, signs deals with 58 firms Emmanuel Addeh in Abuja and John Shiklam in Kaduna The Minister of Power,

Nigeria Needs $10bn Yearly To Achieve Stable Power Supply – Minister - Lagos Television

The Minister of Power, Adebayo Adelabu, has stated that Nigeria requires $10 billion annually over the next 20 years to attain a stable and reliable electricity supply. Speaking at the commissioning of a 2.5-megawatt solar hybrid power project at the Nigerian Defence Academy (NDA) in Kaduna, Adelabu pointed to chronic issues such as poor maintenance, inadequate investment, and an outdated…

Nigeria Needs Just $10 Billion Annually for 20 Years to achieve stable electricity – Minister of Power, Adelabu

Nigeria’s Minister of Power, Adebayo Adelabu, says the country requires at least $10 billion yearly over the next 20 years to achieve a stable and reliable electricity supply. Adelabu made this known on Tuesday during the commissioning of a 2.5MW solar hybrid power plant at the Nigerian Defence Academy (NDA) in Kaduna. He attributed decades of poor maintenance, underinvestment, and a decaying transmission infrastructure as key reasons for the pe…