The Honourable Minister of Power, Joseph Tegbe, has outlined a roadmap to stabilise Nigeria’s electricity grid, expand transmission capacity and attract fresh investment into the sector.

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

In his address, Tegbe said the priority must shift from designing reforms to delivering measurable improvements in electricity supply, system performance and market sustainability.

Tegbe also highlighted initiatives to reduce technical and commercial losses, including the continued implementation of the Presidential Metering Initiative (PMI), the Distribution Sector Recovery Programme (DSRP) and the Meter Acquisition Fund (MAF).

He said the government was working to resolve legacy sector liabilities and had paid ₦1.23 trillion out of an estimated ₦3.3 trillion, while blocking financial leakages to prevent new liabilities from accumulating.

He also emphasised the need to optimise existing power-sector assets and expand infrastructure to accommodate future demand.

Tegbe said the reforms, aligned with President Bola Ahmed Tinubu’s Renewed Hope Agenda, must ultimately deliver tangible economic benefits by supporting industrial productivity, business growth, investment and job creation.

The Nigeria Energy Leadership Summit and Exhibition 2026, which runs from October 27 to 29, brings together energy companies, technology providers and industry stakeholders to showcase solutions and explore investment opportunities across the power and wider energy value chain.

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