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In Spain, Power Minister, Adelabu Speaks on Nigeria’s Vision at African Energy Forum

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In Spain, Power Minister, Adelabu Speaks on Nigeria's Vision at African Energy Forum

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.

In Spain, Power Minister, Adelabu Speaks on Nigeria's Vision at African Energy Forum

He spoke extensively on:

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– Development of the National Integrated Energy Policy and the Strategic Implementation Plan.

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In Spain, Power Minister, Adelabu Speaks on Nigeria's Vision at African Energy Forum

– Reforms in the Electricity Market with the devolution of regulatory responsibilities to States.

In Spain, Power Minister, Adelabu Speaks on Nigeria's Vision at African Energy Forum

– 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.

 

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