By Dansu Peter The Federal Government has unveiled plans to generate electricity from dams and wind energy sources located along the under...
By Dansu Peter
These key infrastructure projects, which connect Lagos to Akwa Ibom and the North-West to the South-West respectively, have been identified as strategic routes for the integration of renewable energy solutions into the national grid.
Minister of Power, Adebayo Adelabu, disclosed the development during the 6th edition of the 2025 Ministerial Press Briefing Series (#FMINOBriefing) held in Abuja. He stated that comprehensive studies are currently underway to identify viable hydropower and wind energy potentials along the highway corridors.
“The studies are being conducted to harness the energy potential of dams and wind sources located along the Lagos–Calabar and Sokoto–Badagry highway corridors for electricity generation,” he said.
According to Adelabu, the initiative forms part of the federal government’s broader strategy to diversify Nigeria’s energy mix and boost electricity supply through sustainable sources.
Highlighting recent progress in the power sector, the minister revealed that the market revenue surged by ₦700 billion in 2024, reaching ₦1.7 trillion—a 70 percent increase from ₦1.05 trillion in 2023. This growth, he noted, was driven by the implementation of cost-reflective tariffs for Band A electricity consumers.
The new tariff regime also resulted in a notable reduction in government subsidies, shrinking the projected ₦3 trillion sectoral shortfall to ₦1.94 trillion—yielding a savings of over ₦1 trillion.
In a further boost to Nigeria’s energy ambitions, Adelabu announced that the Ministry of Power, in partnership with the Ministry of Water Resources and Sanitation, had signed a Memorandum of Understanding (MoU) with the World Bank. The agreement will facilitate the $500 million Sustainable Power and Irrigation for Nigeria (SPIN) project, aimed at advancing hydropower generation and irrigation infrastructure nationwide.
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