By Ayomide Otitoju
The Minister of Power, Joseph Tegbe, has unveiled his ministerial action plan aimed at stabilising and accelerating the growth of Nigeria’s electricity sector during the second quarterly meeting of the Nigerian Electricity Supply Industry (NESI) stakeholders convened by the Nigerian Electricity Regulatory Commission (NERC) in Abuja.
The meeting, chaired by NERC Chairman, Dr Musiliu Oseni, brought together key stakeholders in the power sector, including operators, regulators and policymakers. Also in attendance were the Special Adviser to the President on Power, Rilwan Lanre Babalola, and the Permanent Secretary of the Ministry of Power, Alhaji Mahmud Mamman.
In his keynote address, Tegbe said resolving Nigeria’s longstanding electricity challenges requires collective responsibility across the entire power value chain.
“Nigeria’s power crisis was not built by one hand, and it will not be fixed by one hand,” the minister said, urging generation companies (GenCos), distribution companies (DisCos), the Transmission Company of Nigeria (TCN), the Nigerian Independent System Operator (NISO), regulators and government agencies to work together in driving sustainable reforms.
On infrastructure, Tegbe advocated the formal designation of power facilities as Critical National Assets, describing vandalism, grid sabotage and electricity theft as acts of economic sabotage that negatively affect households and the nation’s economy.
He said the government is pursuing measures to safeguard existing infrastructure while improving operational efficiency by addressing transmission bottlenecks, strengthening spinning reserves and upgrading priority substation relays to enhance grid reliability.
Addressing metering and tariff reforms, the minister said estimated billing has unfairly burdened electricity consumers while concealing systemic inefficiencies within the sector.
He disclosed that the ministry is working with industry stakeholders to accelerate nationwide metering, reduce Aggregate Technical, Commercial and Collection (ATC&C) losses and implement a sustainable tariff transition framework that protects vulnerable consumers while providing investors with greater certainty.
On market governance, Tegbe stressed that tariff reforms can only succeed if payment obligations are fully enforced across the electricity market.
He called for greater transparency in the calculation of Derived Remittance Obligations (DROs), noting that confidence in the power sector depends on credible and transparent financial processes.
“Trust in the market begins with trust in the numbers,” he said.
The minister also announced plans to publish Key Performance Indicators (KPIs) and performance scorecards for generation and distribution companies to improve accountability and make operational performance more transparent to the public.
Reaffirming his commitment to reforming the sector, Tegbe said his administration would be guided by the principles of transparency, speed and accountability.
“Reform is not a promise deferred. It is a discipline being executed every day,” he said.
The second NESI Stakeholders Meeting for 2026 was convened by NERC in Abuja on June 29 as part of ongoing efforts to strengthen collaboration and drive reforms across Nigeria’s electricity industry.Copyright TRUSTAFRICA NEWS.
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