Connect with us

Hi, what are you looking for?

News

Power generation in Nigeria increased by 30% in 2024 – Power Minister, Adelabu – Ravenewsonline

Minister of power

Nigeria’s Minister of Power, Adebayo Adelabu has said that power generation in Nigeria increased by about 30 per cent in 2024.

Adelabu made the disclosure during his ministry’s 2025 budget defence before the Senate Committee on Power at the National Assembly complex on Monday, January 13.

Adelabu said that when he assumed the leadership of the power ministry in 2023, he met an average of 4,100 megawatts of power generation.

“I can tell you authoritatively that by the end of 2024, we had a peak generation of 5,528 megawatts of power from 4,100 megawatts that we met on the ground.

“And the reason for this is not far-fetched. We added a new hydroelectric power dam, Zungeru, with 700 megawatts.

“There was also a tremendous increase in the generation lines by other existing generation companies,” he said.

The minister said that the target for power generation was 6,000 megawatts, however, due to the challenges experienced toward the end of 2024 in terms of grid collapses, the ministry missed the target by a minimal margin.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

ad

You May Also Like

News

“Smart Treasure is providing succour for many people as a way to escape the challenging economic situation.” The above statement made by Princewill Otorudo,...

Broadcasting

Justice Chukwuebuka Ehirim, popularly known as Synergy has said that giving to charity is in the DNA of Smart Treasure (ST) Team. Smart Treasure...

News

Economic and Financial Crimes Commission, (EFCC) has arraigned Jude Okoye Chigozie, elder brother and ex-manager of Paul and Peter Okoye of the defunct music...

Business

World Bank has approved a total of $2.2 billion in new loans for the Federal Government of Nigeria in 2025. According to the World...