Minister Bayo Adelabu has shared the Federal Government’s strategic plan to achieve a substantial increase in electricity generation, targeting 20,000 megawatts by 2026 and 60,000MW by 2060.
The minister made this revelation during his visit to the National Control Centre of the Transmission Company of Nigeria in Osogbo, the capital of Osun State, on Friday.
Adelabu shared the Ministry’s roadmaps for enhancing power generation, transmission, and distribution in Nigeria, spanning both immediate and long-range objectives.
He said, ‘Like I told you, it’s an aspiration for Nigeria to have minimum of 60,000 megawatts of power by 2060; that is 60 gigawatts. And 2030 is the medium-term objective of achieving 30,000 megawatts of power.’
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‘But like I mentioned in one of the programmes I attended, in as much as we are on course in achieving this, given the experiences of other countries who are even able to achieve over 100,000 megawatts within 40 to 50 years, this is not an ambitious target for Nigeria, we can easily achieve it.’
‘We have target for transmission capacity, we have target for distribution capacity and we have target for power generation capacity. By 2026, we should be able to achieve 20,000 megawatts of electricity’.
He also noted that, as part of the Federal Government’s presidential power initiative, two more power substations will be constructed within the next few months.
He went on to say that the Federal Government’s presidential power initiative will result in the establishment of two additional power substations in the upcoming months.
Furthermore, he revealed the establishment of an investigative panel tasked with uncovering the reasons behind the recent fire incident at the TCN’s power substation in Birnin Kebbi.