Minister in close-door meeting with DisCos over proposed 24/7 Energy Zones
In furtherance of the Federal Government’s commitment to deliver reliable electricity to Nigerians, the Minister of Power, Joseph Tegbe, has held a strategic closed-door meeting with the leadership of select electricity distribution companies over the proposed Energy Zones, designed to deliver stable, 24-hour power supply to homes, businesses and industries in the country’s highest-demand areas namely Lagos axis, Abuja-Kaduna-Kano and Enugu-Port-Harcourt
According to the Minister, the constraint on the sector is not limited to generation and transmission but includes how much power is taken up and delivered at the distribution end. The proposed Energy Zones are meant to close that gap, unlock commercial and industrial demand, and strengthen DisCo revenue and collections. He also expressed the Federal Government’s commitment to build up infrastructure in high-demand areas to ensure supply keeps pace with estimated demand in our growing economy.
The engagement reinforces the Minister’s commitment made upon assuming office to ensure a disciplined and sequenced approach to the sector’s challenges. It also advances the Renewed Hope Agenda of President Bola Ahmed Tinubu, which places reliable energy at the centre of economic growth, industrialisation and job creation.
In attendance were leadership of Abuja Electric Distribution Company (AEDC), Ikeja Electric, Eko Power, Ibadan Electricity Distribution Company (IBEDC) and Sahara Energy Group.
