The Federal Government has unveiled the zero draft of the National Integrated Electricity Policy and Strategic Implementation Plan (NIEP-SIP), a comprehensive policy aimed at addressing the critical challenges facing the Nigerian Electricity Supply Industry.
The unveiling ceremony took place on Wednesday in Abuja, where the Minister of Power, Adebayo Adelabu, highlighted the significance of the policy. He described it as a crucial step in Nigeria’s journey toward establishing a robust, sustainable, and inclusive power sector that aligns with the aspirations of all Nigerians.
The NIEP-SIP outlines strategic interventions across the entire electricity value chain, including generation, transmission, distribution, and off-grid segments. The policy is the result of extensive consultations with industry experts, key stakeholders, and development partners.
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Speaking at the event, Minister Adelabu emphasized that the policy not only addresses the current challenges within the power sector but also anticipates future needs. “This framework ensures that our power sector remains resilient and efficient, capable of meeting the growing demands of our nation,” he stated.
The minister’s remarks underscore the Federal Government’s commitment to transforming Nigeria’s power sector through strategic, well-considered policies aimed at long-term sustainability and growth.