The newly appointed Minister of Power in Nigeria, Adebayo Adelabu has noted that the huge resources and investments put on all segments of the power sector value chain have failed to produce commensurate results in terms of output to end consumers.
Adelabu revealed this yesterday during the inaugural Federal Executive Council (FEC)meeting presided over by President Bola Ahmed Tinubu.
The Minister, in a tweet, said he gave a synopsis of the activity plans of the ministry with regards to “turning around its reputation in line with achieving its mandate of driving community and economic growth by driving policies and programmes to ensure reliable and affordable electricity to Nigerians.
According to him, “Each of the segments from generation to transmission to distribution has its unique and peculiar issues, the solution of which have to be prioritised for households and businesses to have a quick relief after years of deprivation. We are currently analysing the issues, meeting the various stakeholders, and visiting sites to have a proper and unhindered understanding and unbiased diagnosis of the issues and proffer workable solutions.”
He added that in the next few weeks, the master plan for turning around the power sector with deliverables bucketed into short, medium, and long-term would be unfolded.
The new Minister reiterated his determination to succeed in the mandate he had been saddled with by the President, saying “As Minister of Power, I am determined to succeed in the onerous task of nation-building. We will not disappoint Nigerians. We will not disappoint Mr. President in this task. We are not saying it would be easy, but we are determined to succeed with the Almighty God on our side.”
He promised that “in the coming days and weeks, Nigerians will start to see the result of our efforts in the Power Ministry. It is a promise from me to all Nigerians.”