The Minister of Power, Adebayo Adelabu during a presentation held on Wednesday in Abuja unveiled the preliminary draft of the National Integrated Electricity Policy and Strategic Implementation Plan (NIEP-SIP).
This policy is designed to tackle the urgent issues facing the Nigerian Electricity Supply Industry and to guide the country towards a resilient, sustainable, and inclusive energy sector.
The minister highlighted that the policy results from thorough consultations with industry specialists, key stakeholders, and development partners.
The Power Minister said: “The journey leading up to today has been a collaborative and rigorous process, driven by our collective commitment to addressing the pressing challenges within the Nigerian Electricity Supply Industry.”
He said the policy framework responds to current realities and anticipates future needs, ensuring that the power sector remains resilient and efficient.
The NIEP-SIP is a detailed policy framework that delineates strategic measures throughout the electricity value chain, encompassing generation, transmission, distribution, and off-grid components.
The Minister thanked stakeholders, industry experts, and development partners for their contributions to the policy’s development. He expressed confidence that with their ongoing support, the Nigerian power sector will be transformed into a self-sustaining catalyst for economic growth and social development.