In this piece, Rotimi Ijikanmi writes that Nigeria’s power sector is beginning to witness tangible progress under the President Bola Tinubu’s administration, as reforms aimed at resolving longstanding liquidity challenges, expanding metering, improving tariff structures and attracting private investment gather momentum.
For decades, Nigeria’s electricity sector represented one of the country’s greatest paradoxes.
Despite vast gas reserves and enormous generation potential, millions of households and businesses grappled with inadequate supply, estimated billing, mounting sector debts and chronic underinvestment.
Today, however, emerging indicators suggest that reforms introduced by President Bola Tinubu’s administration are beginning to change the narrative.
At the heart of the administration’s strategy are the Presidential Power Sector Debt Reduction Programme (PPSDRP) and the Presidential Metering Initiative (PMI).
