President Bola Tinubu has assured Nigerians that the country’s electricity supply will improve in the coming days, addressing recurring power outages that have plagued the nation in recent weeks...READ FULL; ORIGINAL POST; FROM SOURCE.
Speaking at the APC National Convention in Abuja, Tinubu said the government is paying attention to the power sector and plans to inject approximately 1,500 megawatts into a new grid corridor through the Grid Asset Management Company. He acknowledged that “the road to reform would be tough” but insisted the country is on the right track.
Key Points:
The government plans to inject 1,500 megawatts into a new grid corridor to boost electricity supply.
Tinubu acknowledged recent power outages but assured Nigerians that a turnaround is underway.
He said the impact of government programmes is “visible, tangible, impactful, and measurable.”
The President noted improved investor confidence, with Nigeria’s Eurobond issuance oversubscribed by 400%.
He defended his administration’s reforms, including exchange rate unification and fuel subsidy removal.
As Nigerians grapple with persistent power outages, Tinubu’s assurance of improved electricity supply offers hope, though the proof will ultimately lie in the stability and reliability of the grid.
Sources: Channels Television