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Power Minister, Adelabu speaks on vision at African Energy Forum in Spain
Minister of Power, Chief Adebayo Adelabu, attended the African Energy Forum (AEF) from June 25-28, in Barceleona, Spain.
During the event, he shared his vision on the electricity market in Nigeria.
He spoke extensively on :
– Development of the National Integrated Energy Policy and the Strategic Implementation Plan.
– Reforms in the Electricity Market with the devolution of regulatory responsibilities to States
– De-risking the sector to catalyze private sector investment, by ensuring a service reflective tariff that allows for full cost recovery for a portion of Electricity Consumers.
