President Bola Tinubu has assured Nigerians that the country’s persistent electricity challenges will soon ease, following weeks of widespread power outages.
Speaking at the National Convention of the All Progressives Congress (APC) in Abuja on Friday, Tinubu acknowledged public frustration over declining power supply but expressed optimism about imminent improvements.
According to the president, efforts are underway to stabilise the sector, including plans to inject about 1,500 megawatts into the national grid through the Grid Asset Management Company.
He said this intervention would strengthen electricity distribution and support Nigeria’s industrial growth.
“Electricity will become better, and we assure you there will be opportunities and progress in our industrialisation.
“Through the Grid Asset Management Company, we will inject approximately 1,500 megawatts into a new grid corridor,” Tinubu said.
Tinubu maintained that his administration’s reforms are already yielding measurable results, countering criticism from opposition groups. He noted that Nigeria is transitioning from “survival mode to stability,” with visible progress across key sectors.
Since assuming office in 2023, Tinubu has introduced major economic reforms such as exchange rate unification and the removal of fuel subsidies—policies that have drawn mixed reactions amid rising living costs.
While acknowledging that the reform process is difficult, the president insisted that the country is on the right path. He highlighted renewed investor confidence, increased foreign interest in the oil and gas sector, and a successful Eurobond issuance that was oversubscribed by 400 percent.
Tinubu also pointed to Nigeria’s exit from the financial “grey list” as a sign of restored global credibility, assuring citizens that ongoing policies will ultimately deliver long-term economic stability and growth.