In a major push to overhaul Nigeria’s power sector, the Federal Government, in collaboration with international development partners, has unveiled a $32.8 billion electricity development blueprint aimed at boosting generation, transmission, and distribution nationwide.
The comprehensive plan, revealed during a high-level energy summit in Abuja on Monday, is expected to be implemented over the next decade and will focus on expanding access to reliable electricity, integrating renewable energy sources, and strengthening the national grid.
Vice President Kashim Shettima, who represented President Bola Tinubu at the event, described the initiative as “the most ambitious and coordinated power sector reform in Nigeria’s history.”
“This is not just about more megawatts — it’s about powering homes, industries, and innovation,” Shettima said. “Reliable electricity is fundamental to economic growth, job creation, and national security.”
The $32.8 billion investment package includes commitments from multilateral institutions such as the World Bank, African Development Bank, and private sector investors. The plan also outlines regulatory reforms, improved cost-reflective tariffs, and incentives for off-grid and mini-grid solutions, particularly in underserved rural communities.
Minister of Power, Adebayo Adelabu, stated that the roadmap targets 30,000 megawatts of installed capacity by 2035, with at least 30% sourced from renewables.
Energy experts have praised the plan’s scope but urged swift and transparent implementation, noting that previous reform efforts were often stalled by policy inconsistency, funding gaps, and governance challenges.
Nigeria, Africa’s most populous country, currently struggles with an installed generation capacity of around 13,000 MW, of which less than 5,000 MW is reliably available, leaving millions without stable electricity.
The new plan aims to reverse that trend and place Nigeria on a sustainable energy path that aligns with global climate goals and domestic economic priorities.
