The Federal Government aims to boost electricity access to over 80% within five years, addressing the energy crisis impacting Nigeria’s manufacturing sector. Minister of Power Joseph Tegbe revealed plans to close the generation capacity gap within three years and reduce technical, commercial, and collection losses to under 17%.
These reforms align with President Bola Tinubu’s ambition to transform Nigeria into a $1 trillion economy, with reliable and affordable electricity being central to this goal.
