News
Power Sector Still Struggles Despite Over ₦10 Trillion Investment
By Derick Peretengboro
Nigeria’s electricity sector has continued to face major challenges despite government interventions estimated at more than ₦10 trillion over the past 13 years, with national power generation remaining around 4,500 megawatts.
Although successive administrations have introduced funding initiatives, infrastructure projects, metering programmes and financial guarantees to revive the sector, electricity supply has shown only limited improvement, leaving millions of Nigerians dependent on alternative power sources.
The Federal Government says it is pursuing fresh reforms aimed at tackling long-standing structural problems affecting the industry. According to the Minister of Power, Joseph Tegbe, the ongoing programme includes a comprehensive audit of transmission facilities, improvements to grid stability, harmonisation of electricity regulations across states, better market liquidity, asset optimisation and the development of a national super grid. He expressed confidence that these efforts would strengthen electricity supply and improve service delivery over the next few years.
A review of investments in the sector since the 2013 privatisation shows that billions of naira have been committed through various schemes, including metering projects, payment guarantees for generation companies, international development funding and the Presidential Power Initiative. Despite these investments, electricity generation has remained far below the country’s estimated demand of more than 30,000MW. Recent regulatory figures indicate that average available generation in the first quarter of 2026 remained below 4,500MW.
The sector’s financial difficulties have also deepened. Power generation companies claim they are owed trillions of naira by the government, while authorities maintain that verified liabilities are lower than the figures being quoted. The disagreement has continued to fuel concerns over liquidity and the ability of operators to sustain electricity production.
To address the funding gap, the Federal Government has begun raising money through domestic bond issuances under its Power Sector Debt Reduction Programme. Officials believe the initiative will improve cash flow within the industry, restore investor confidence and support future investments.
Industry stakeholders, however, insist that financing alone will not solve the problem. They argue that stronger governance, professional management and broader structural reforms are required to achieve reliable electricity supply. Some experts have also called for greater private sector participation and further reforms to improve efficiency across generation, transmission and distribution.
Despite the persistent challenges, the government maintains that ongoing reforms are beginning to produce results and says it remains committed to building a more stable, efficient and financially sustainable electricity industry.
By staff Reporter Rukevwe Odeh
A group of stakeholders in Warri has announced its decision to withdraw support for the incumbent member representing the Warri Federal Constituency in the House of Representatives, Hon. Thomas Ereyitomi, ahead of the 2027 general elections.
The group, while explaining its position, cited what it described as dissatisfaction with the lawmaker’s performance and representation of the constituency.
The stakeholders subsequently declared their support for Comrade Jude Ukori Mulade as their preferred candidate for the 2027 House of Representatives election.
According to the group, its decision followed concerns over the level of representation and development delivered to the constituency under the current administration.
The stakeholders said they were seeking a representative who would be more responsive to the needs of the people and more committed to advancing issues affecting residents across the constituency.
They urged other political stakeholders and eligible voters in Warri to consider Mulade’s candidacy as the 2027 elections approach.
The group’s endorsement adds to the growing political activities and realignments expected to shape the contest for the Warri Federal Constituency seat ahead of the 2027 general elections.
Ereyitomi, who currently represents the constituency in the House of Representatives, has yet to publicly respond to the allegations contained in the group’s statement.
By staff Reporter Rukevwe Odeh
Residents and road users along the Warri Airport Road, particularly the section near Federal Government College in Warri South Local Government Area of Delta State, have continued to contend with recurring flooding despite years of road construction and rehabilitation efforts.
The affected stretch is frequently submerged following heavy rainfall, with inadequate drainage identified as a major factor contributing to the persistent flooding.
The recurring situation has raised concerns among motorists, residents and other road users, who say the condition of the road continues to disrupt movement and create difficulties for commuters whenever there is significant rainfall.
The development has also renewed calls for attention to the drainage system along the route, with residents hoping that a lasting solution will be implemented to prevent the road from repeatedly becoming flooded.
By staff Reporter: Rukevwe Odeh
A heavy downpour has left the popular NNPC Housing Complex Road, also known as Ekpan Link Road, submerged in floodwater in Uvwie Local Government Area of Delta State.
The rainfall caused significant water accumulation along the busy road, affecting movement and creating difficulties for motorists and other road users.
The condition of the road has renewed concerns over flooding and drainage challenges in the area, particularly during periods of heavy rainfall.
Residents and commuters are expected to exercise caution while using the affected route as efforts to manage the situation continue.
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