Power Supply Will Improve Soon, Mr. Tinubu Tells Nigerians
President Bola Tinubu has assured Nigerians that recent recurring power outages will ease in the coming days.
The President gave the assurance on Friday while speaking at the National Convention of the All Progressives Congress (APC) in Abuja.
The country has grappled with power outages in recent weeks owing to lower electricity generation. However, Mr. Tinubu said a turnaround is underway.
“I assure you, many of you lamenting the problem of electricity and power; we are paying attention to that,” he said.
“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,” the President said.
“The impact of our programmes is visible, tangible, impactful, and measurable—not mere rhetoric as some opposition elements like to suggest. We are moving from survival mode to stability.”
Mr. Tinubu, who assumed office in 2023, has since initiated several reforms, including the unification of the exchange rate window and the removal of fuel subsidies.
These moves have been criticised by the opposition, which argues that they have caused hardship for Nigerians.
The President, however, admitted that “the road to reform would be tough” and assured Nigerians that the country is on the right track.
“Fellow compatriots, since assuming office, our government has remained focused on delivering on our mandate to the Nigerian people, despite a complex global economic and political environment. Today, I can assure you that we are on the right track. Investor confidence has greatly improved.
“Our oil and gas sector has once more become attractive to foreign investment following our reforms. Our Eurobond issuance was oversubscribed by 400%, and Nigeria has exited the financial ‘grey list’, marking a return to global financial credibility,” he said.
























































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































































