Tegbe Unveils roadmap to stabilise Nigeria’s power grid, flags off Energy Summit 2026

The Honourable Minister of Power, Joseph Tegbe, has outlined a roadmap to stabilise Nigeria’s electrical energy grid, develop transmission capability and appeal to recent funding into the sector.

He spoke on the opening of the Nigeria Energy Leadership Summit 2026 on the Landmark Centre, Lagos, themed “Strengthening Power Delivery Through Execution, Coordination and Performance.”

In his handle, Tegbe stated the precedence should shift from designing reforms to delivering measurable enhancements in electrical energy provide, system efficiency and market sustainability.

He outlined 4 cardinal priorities: enhancing vitality zones, strengthening sector liquidity and sustainability, optimising current property, and increasing infrastructure to meet future demand. The framework is designed to handle constraints throughout technology, transmission and distribution, guaranteeing that investments translate into extra dependable electrical energy for households, companies and industries.

The minister recognized fuel provide constraints, overstretched transmission infrastructure, distribution losses and gathered sector liabilities as main challenges requiring coordinated motion.

To enhance electrical energy supply, Tegbe recognized three precedence financial vitality corridors: Lagos–Ogun, Benin–Enugu–Port Harcourt, and Abuja–Kaduna–Kano. The technique seeks to align technology, transmission infrastructure, distribution readiness and identifiable demand to enhance electrical energy supply and assist industrial productiveness.

Tegbe additionally highlighted initiatives to scale back technical and industrial losses, together with the continued implementation of the Presidential Metering Initiative (PMI), the Distribution Sector Recovery Programme (DSRP) and the Meter Acquisition Fund (MAF).

He stated the federal government was working to resolve legacy sector liabilities and had paid ₦1.23 trillion out of an estimated ₦3.3 trillion, whereas blocking monetary leakages to forestall new liabilities from accumulating.

He additionally emphasised the necessity to optimise current power-sector property and develop infrastructure to accommodate future demand.

Tegbe stated the reforms, aligned with President Bola Ahmed Tinubu’s Renewed Hope Agenda, should finally ship tangible financial advantages by supporting industrial productiveness, enterprise development, funding and job creation.

The Nigeria Energy Leadership Summit and Exhibition 2026, which runs from October 27 to 29, brings collectively vitality corporations, expertise suppliers and business stakeholders to showcase options and discover funding alternatives throughout the power and wider vitality worth chain.