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Nigeria Edition•Business
November 2, 2026•0 views
News Brief

Tinubu’s Electricity Promise Still Unfulfilled, APC Council Says Work Is Ongoing

APC-PCC spokesperson Dele Alake admits President Tinubu has not fully addressed Nigeria’s electricity challenges after three years in office

Tinubu’s Electricity Promise Still Unfulfilled, APC Council Says Work Is Ongoing
Image: DailypostCredit: Image: Dailypost
Multi-Source Verification:Synthesized across 1 independent reporting sources.
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In Brief

  • •APC-PCC spokesperson Dele Alake admits President Tinubu has not fully addressed Nigeria’s electricity challenges after three years in office
  • •Tinubu signed the Electricity Act 2023 on June 9, enabling state participation in generation, transmission and distribution
  • •The federal government inherited over N6 trillion in electricity debt and launched a N4 trillion bond program, raising N1.2 trillion in its first two phases
  • •More than 1.5 million customers received meters under the Presidential Metering Initiative in the past three years
  • •States such as Lagos, Enugu, Abia, Ekiti, Oyo, Kaduna and Niger have begun setting up regulatory agencies to attract private investment

Why It Matters

Nigeria’s power sector has long suffered from structural, institutional and financial problems, leaving many households and businesses without reliable electricity. The APC‑PCC’s admission that President Tinubu’s 2023 pledge remains incomplete highlights the ongoing challenge of delivering on electoral promises and the need for sustained investment to stabilize the sector. The debt‑reduction and metering initiatives are steps toward financial viability, but the lack of a fully operational power grid risks economic growth and public trust in the administration.

Key Details

President
Bola Tinubu
Electricity Act signed
June 9, 2026
Inherited debt
N6 trillion
Bond program raised
N1.2 trillion
Meters installed
1.5 million

Context & Background

Nigeria’s electricity sector has faced structural, institutional and financial challenges for over five decades, leading to frequent power shortages and unreliable supply.

Original Reporting & Sources

VNews is an independent briefing product. Original reporting remains credited to the following publishers:

Dailypost
Primary Source
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