President Bola Ahmed Tinubu has assured Nigerians that his administration is taking concrete steps to tackle the country’s persistent electricity challenges, promising noticeable improvements in power supply in the coming months.
The President gave the assurance on Friday night while addressing party members at the 4th Elective National Convention of the All Progressives Congress (APC) held at Eagle Square in Abuja. He acknowledged widespread frustration over erratic electricity and ongoing blackouts across the country.
“I assure you, many of you lamenting the problems of electricity power. Yes, we are paying attention to that,” the President said.
As part of efforts to stabilise the sector, Tinubu revealed that the newly created Grid Asset Management Company (GAMCO) will play a central role in boosting transmission capacity. According to him, the initiative will inject an additional 1,500 megawatts into a new grid corridor to strengthen electricity distribution nationwide.
“The Grid Asset Management Company… will inject 1,500 megawatts into a new grid corridor,” he stated.
The President also noted that his administration is working to improve funding structures within the electricity sector, a move aimed at ensuring sustainability and long-term operational stability.
“We are going to improve… Electricity will become better and be assured,” he added.
Tinubu linked reliable power supply to broader economic development, stressing that stable electricity is essential for industrial growth and job creation.
“There will be opportunity and progress in our industrial life,” he said.
His remarks come amid growing public dissatisfaction, as households and businesses continue to struggle with unreliable electricity supply and frequent grid failures. Nigeria’s national grid has experienced multiple collapses in recent years, including major outages in 2025 and 2026 that left millions without power.
The President had earlier acknowledged that despite some economic gains, the power sector still faces deep-rooted challenges. These include legacy debts owed to Generation Companies (GenCos), obligations to gas suppliers, and ageing transmission infrastructure.
In a bid to address these structural issues, the Federal Executive Council approved the establishment of the Grid Asset Management Company on March 4. The initiative is expected to optimise transmission assets and significantly enhance overall grid performance.
With these reforms underway, the administration says it is positioning the power sector for stability, efficiency, and long-term growth.
