Tinubu Addresses Nigeria’s Power Challenges: No Magical Solution to Steady Supply

Tinubu on Power Supply: Embracing Realism Over Quick Fixes

President Bola Ahmed Tinubu has stated that there is no magical solution to achieving a steady power supply in Nigeria, emphasizing that the journey to consistent electricity requires deliberate planning, investments, and collaborative efforts.

This remark underscores the challenges Nigeria faces in revamping its electricity infrastructure and providing sustainable energy to its citizens.

Key Highlights of Tinubu’s Statement:

1. Complexity of the Issue: The president acknowledged that resolving the power supply crisis involves addressing deep-rooted systemic issues such as poor infrastructure, mismanagement, and financial constraints.
2. Investment Focus: Tinubu stressed the need for significant investments in power generation, transmission, and distribution networks, urging private sector involvement to complement government efforts.
3. Policy Reforms: The administration is committed to implementing reforms that attract local and international investors, including simplifying regulatory frameworks and ensuring transparency in the power sector.
4. Energy Diversification: Exploring alternative energy sources, such as renewable energy (solar, wind, and hydro), is part of the strategy to reduce reliance on traditional sources like gas and oil.
5. Citizen Responsibility: Tinubu called on Nigerians to support government policies and initiatives aimed at improving power supply while exercising patience during the transition process.

This statement comes at a time when Nigerians are grappling with frequent power outages and high electricity costs.