Power Sector Stakeholders Seek Fresh Path To Industry Revival

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Key stakeholders in the country’s electricity industry have craved for stronger collaboration that would lead to new investment direction that will help in

The recent grid collapse comes just weeks after the Transmission Company of Nigeria announced that the nation’s power grid had achieved uninterrupted stability for over 400 consecutive days.

Nigeria’s electricity grid collapsed 47 times between 2017 and 2023, according to the Transmission Company of Nigeria . In the course of the grid restoration, the process initially suffered a setback; but did not amount to another collapse, she said. “The Ministry of Power is focused on the balanced energy development that drives socio-economic transformation, thus satisfying the future utility and sustainable development nexus of energy security, sustainability, and affordability.” he concluded.

 

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