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Home Economy

Adelabu urges strong electricity market coordination to avoid conflict

Quadri Olaitan by Quadri Olaitan
July 29, 2025
in Economy
0
electricity market coordination

Electricity market coordination is key, says Power Minister Adelabu, warning misalignment among regulators could disrupt Nigeria’s power sector development

Electricity market coordination is essential to Nigeria’s energy future, says Minister of Power Chief Adebayo Adelabu, as he cautions against fragmented regulation in the sector.

Also read: Electricity act amendment bill sparks labour uproar over proposed strike ban

Addressing state energy commissioners in Abuja, Adelabu stressed the need for unified action between state and federal regulators to preserve the integrity of the national grid.

He warned that misalignment would cause unnecessary conflict, inefficiencies, and weaken investor confidence.

“Our common goal,” he said, “is to ensure every Nigerian no matter how remote has access to reliable electricity.”

Achieving this requires regulators to harmonise standards and speak with one voice to attract private investment and accelerate electrification.

He urged state commissioners to prioritise underserved areas, promising that the Rural Electrification Agency (REA) would support them with financial and technical tools, including mini-grids and standalone systems.

Also read: Nigeria electricity subsidy debt rises in shocking new report on power crisis

Acknowledging states’ constitutional authority to shape their power markets, Adelabu emphasized that national coordination remains critical to avoiding instability across the sector.

Quadri Olaitan
Quadri Olaitan

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