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APC Lists Power Sector Reforms as Tinubu Defends 2023 Electricity Pledge

The All Progressives Congress Presidential Campaign Council has defended President Bola Tinubu’s record in the electricity sector, insisting that his administration remains committed to the promises made during the 2023 election campaign.

The council’s spokesperson, Dele Alake, said the administration had not abandoned its pledge to address persistent electricity challenges, including systemic weaknesses in the power sector and estimated billing.

In a statement issued on Sunday, Alake said Tinubu would present his administration’s record in the sector as he seeks re-election in 2027, while explaining areas where further work was required.

He recalled that during a meeting with members of the Organised Private Sector in Lagos before the 2023 election, Tinubu had promised to tackle structural problems in the electricity industry and improve access to reliable power.

Among the measures highlighted by Alake was the signing of the Electricity Act, 2023, on June 9, shortly after Tinubu assumed office. The legislation provides a framework for states to participate in electricity generation, transmission and distribution, subject to the relevant regulatory requirements.

Alake identified Lagos, Enugu, Abia, Ekiti, Oyo, Kaduna and Niger as states that had established their own electricity regulatory agencies.

On the financial challenges facing the sector, he said the administration had taken on more than ₦6 trillion in legacy debt accumulated between 2015 and 2025. He also cited a ₦4 trillion bond programme designed to settle verified debts owed to 21 electricity generation companies and distribution companies.

According to him, the first and second tranches of the programme had raised more than ₦1.2 trillion.

The APC spokesperson also highlighted the Presidential Metering Initiative, which he said was established to address a metering gap estimated at more than seven million customers. He claimed that over 1.5 million customers had been metered in the last three years.

Alake further pointed to tariff adjustments aimed at aligning electricity prices with market costs and improving liquidity in the sector.

The council maintained that these measures demonstrated progress towards the President’s campaign commitments. However, the statement represents the ruling party’s account of its performance, while persistent electricity supply challenges remain a major issue for households and businesses.

Deborah Adeyefa

Deborah Adeyefa

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