Adedayo Akinwale in Abuja
The All Progressives Congress Presidential Campaign Council (APC-PCC) has mentioned that President Bola Tinubu has not deviated from the 2023 marketing campaign pledge to repair electrical energy.
It added that the administration’s quest to repair the electrical energy market and energy sector is ongoing work.
It spokesperson, Dele Aleke, in a press release issued Sunday mentioned as President Tinubu seeks Nigerians’ mandate for a second time period in workplace, he would proudly current his scorecard within the energy sector and clearly inform Nigerians what stays to be completed,
Alake recalled that at a gathering with members of the Organised Private Sector (OPS) in Lagos forward of the 2023 elections, then candidate Tinubu promised to sort out systemic issues within the energy sector and finish estimated billing.
His precise phrases, in accordance with Alake: “Whichever means, by all means vital, you should have electrical energy, and you’ll not pay for estimated payments anymore. A promise made will likely be a promise saved. If I don’t maintain the promise and I come for a second time period, don’t vote for me, until I offer you ample explanation why I couldn’t ship.
“A fair assessment of the pledge should consider the full statement alongside the administration’s record since 2023.”
The spokesperson listed measures taken by the administration to repair the sector together with the signing of the Electricity Act, 2023 on June 9, inside two weeks in workplace, liberalising the sector and permitting states to take part in technology, distribution and transmission. Lagos, Enugu, Abia, Ekiti, Oyo, Kaduna and Niger have arrange their very own regulatory businesses.
He recalled taking up over N6 trillion legacy debt accrued from 2015 to 2025 and making a N4 trillion bond programme to settle verified money owed to 21 Gencos and Discos.
Alake famous that the primary and second tranches have raised over N1.2 trillion.
He added: “Launching the Presidential Metering Initiative to shut the over 7 million metering hole, with over 1.5 million prospects metered within the final three years.
“Aligning tariffs to cost to restore market liquidity, creating Service Bands with different tariffs, while protecting low-income households.”
Alake additionally talked about the Rural Electrification Agency connecting universities, hospitals and rural communities to solar energy, plans to modernise the Osogbo Grid Control Centre constructed over 60 years in the past and construct an East-West tremendous grid.
He careworn that a part of authorities’s effort included reviewing the Presidential Power Initiative (PPI) began by former President Muhammadu Buhari; signing an Acceleration Agreement in December 2023 with German companions, with FEC approving first batch of 5 TCN substations in December 2024 and second batch of eight new substations and improve of 4 current ones in June 2026.
Alake famous: “Fixing the electrical energy market and energy sector is ongoing work. President Tinubu has not deviated an inch from his dedication.
“As he seeks Nigerians’ mandate for a second term in office, he will proudly present his scorecard in the power sector and clearly tell Nigerians what remains to be done.”
