The Minister of Power, Bayo Adelabu, has said the Federal Government is working towards generating 20,000 megawatts of electricity by 2026 and 60,000MW by 2060.
Speaking in Osogbo, Osun State on Friday, September 22, the minister said: “Like I told you, it’s an aspiration for Nigeria to have minimum of 60,000 megawatts of power by 2060; that is 60 gigawatts. And 2030 is the medium term objective of achieving 30,000 megawatts of power.
But like I mentioned in one of the programmes I attended, in as much as we are on course in achieving this, given the experiences of other countries who are even able to achieve over 100,000 megawatts within 40 to 50 years, this is not an ambitious target for Nigeria, we can easily achieve it.
We have target for transmission capacity, we have target for distribution capacity and we have target for power generation capacity. By 2026, we should be able to achieve 20,000 megawatts of electricity.
Two more power substations would come up in the next few months, courtesy of the presidential power initiative of the Federal Government.”
