Minister of Energy, Adebayo Adelabu, on Monday mentioned that energy era within the nation elevated by about 30 per cent in 2024.
Adelabu made the disclosure throughout his ministry’s 2025 finances defence earlier than the Senate Committee on Energy on the Nationwide Meeting complicated.
He mentioned that when he assumed the management of the ministry in 2023, he met a mean of 4,100 megawatts of energy era.
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“I can inform you authoritatively that by the top of 2024, we had a peak era of 5,528 megawatts of energy from 4,100 megawatts that we met on floor.
“And the rationale for this isn’t far fetched.We added a brand new hydroelectric energy dam, Zungeru, with 700 megawatts.
“There was additionally an incredible improve within the era traces by different present era firms,” he mentioned.
The minister mentioned that the goal for energy era was 6,000 megawatts, including, nonetheless, that as a result of challenges skilled towards the top of 2024 by way of grid collapses, the ministry missed the goal by minimal margin.
He additional mentioned that other than vitality entry growth, the sector had plans to stabilise the grid and different transmission infrastructure.
“I’m joyful to additionally inform you that out of the eight collapses of the nationwide grid that we skilled throughout 2024,5 have been full collapses, whereas three have been partial collapses.
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“Out of the 5 full collapses, three have been really because of era issues. So, as in opposition to the 12 collapse that have been publicised, it was nearly eight collapses.
“We have now been attempting very exhausting to make sure that we handle the grid that was inherited.
“Sadly, it’s nonetheless very previous. It’s dilapidated. And we’re simply managing it till we’re in a position to repair it completely.
“That is the main focus of the Presidential Energy Initiative, to make sure that your complete grid is revamped in order that we gained’t be having all this vandalism.
“So these are the summaries of our actions. And we’re proud to say that we virtually met all our targets for 2024.
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“Our hope is that 2025 can be a greater 12 months for us, and we will deal with all the prevailing points within the sector,” he mentioned.
In his remarks, Chairman of the Senate Committee on Energy, Sen. Eyinnaya Abaribe, questioned the federal government’s steady funding of energy distribution firms (discos), suggesting a assessment of their contracts and doable authorities reclamation if the inefficiencies persevered.
The Information Company of Nigeria (NAN) studies that the committee requested the minister to return at a later date with all discos to debate contract efficiency and obligations.