Opinions
Full Text of President Muhammadu Buhari’s Independence Day Broadcast
Being text of President Muhammadu Buhari’s address on the occasion of the 62nd Independence Anniversary of Nigeria.

Fellow Nigerians,
I address you today, with a deep sense of gratitude to God and a high level of appreciation to all Nigerians whose tremendous goodwill gave me the opportunity to provide leadership for our great country at one of the trying times in her history.
- Conscious that today’s address would be my last on an Independence Day as your President; I speak to the millions of Nigerians, who believed in me, propelled and stood by me in my quest to bequeath a country where all citizens have equal opportunities to achieve their lives desires in a peaceful atmosphere.
- I am honoured to say that my story in the annals of Nigeria’s history is no household secret. My various attempts, failures and eventual success in being elected as a Democratic President in 2015 was made possible by the majority of Nigerians.
- When you elected me, I readily acknowledged that the tasks before me were daunting but surmountable because of the growing national consensus that our chosen route to national development was democracy.
- This democracy was to be anchored on a clear understanding, application and the principles of separation of powers supported by a reformed public service that is more effective.
- I then pledged to Improve the Economy, Tackle Corruption and Fight Insecurity and this was further strengthened by my commitment to lift 100 million Nigerians out of poverty in ten years as the central plank of my second term in 2019.
- To the Glory of God and His Grace as well as the commitment and passion displayed by many Nigerian supporters, we have made appreciable progress in these areas but not yet at our destination.
- Mindful of the task before us, we took some time in settling down and we re-positioned the Economy by providing strategic interventions in core areas at both the Federal and Sub-National levels.
- One of the areas where we have made significant progress is in the eradication of deeply entrenched corruption that permeates all facets of our national development.
- We strengthened the Institutions for tackling corruption and also cultivated international support, which aided the repatriation of huge sums of money illegally kept outside the country.
- The increasing number of prosecutions and convictions, with associated refunds of large sums of money is still ongoing. Furthermore, we would continue to block opportunities that encourage corrupt practices.
- In order to address Insecurity, we worked methodically in reducing Insurgency in the North East, Militancy in the Niger Delta, Ethnic and Religious Tensions in some sections of Nigeria along with other problems threatening our country.
- Our efforts in re-setting the economy manifested in Nigeria exiting two economic recessions by the very practical and realistic monetary and fiscal measures to ensure effective public financial management. In addition, the effective implementation of the Treasury Single Account and cutting down on the cost of governance also facilitated early exits from recessions.
- Fellow Nigerians, this administration removed several decades uncertainty for potential Investors in the Oil & Gas sector with the passage of the Petroleum Industry Act, 2021. This landmark legislation created opportunities for foreign investments in addition to improving transparency in the management of the sector.
- Our administration has given the desired priority to the Agricultural Sector through a series of incentives to Micro, Small and Medium Scale Enterprises that resulted in creating millions of jobs. Leading this initiative, the Central Bank of Nigeria’s intervention in a number of areas as well as the Anchor Borrowers Programme had created the required leverages for Nigerians towards self-sufficiency in food and the necessary attraction for farming as a business.
- The growing contribution of non-oil exports, especially in agriculture, information and communication technology as well as the performing arts to our national economy will enhance our foreign exchange earning capacity.
- We are confronting current economic challenges such as debt burden, growing inflation, living standards and increasing unemployment accentuated by our growing youthful population. These problems are globally induced and we would continue to ensure that their negative effects are addressed in our policies.
- This administration will continue to ensure that our fiscal policies are supported by a robust and contemporary monetary policy that recognises our peculiarities in the midst of the growing global economic difficulties.
- This is evidenced by the recent Monetary Policy Committee decision to maintain all parameters, especially interest rates and marginally increased the Monetary Policy Rate (MPR) from 14% to 15.5% and the Cash Reserve Ratio (CRR) from 27.5% to 32.5%. It is projected that this would further insulate our economy from over exposure to uncertainties at the international market by restraining growth in core inflation.
- As we continue to de-escalate the security challenges that confronted us at inception of this administration, newer forms alien to our country began to manifest especially in the areas of kidnappings, molestations/killings of innocent citizens, banditry, all of which are being addressed by our security forces.
- I share the pains Nigerians are going through and I assure you that your resilience and patience would not be in vain as this administration continues to reposition as well as strengthen the security agencies to enable them to deal with all forms of security challenges.
- At the inception of this administration in 2015, I provided the funding requirements of the security agencies which was also improved in my second tenure in 2019 to enable them to surmount security challenges. We will continue on this path until our efforts yield the desired results.
- As we put in place all measures to ensure that Nigeria takes her place in the Comity of Nations, we recognize the importance of a well-educated populace as a panacea to most of the challenges we face.
- We have, therefore, pursued policies and implemented programmes designed to create a literate and proficient society that ensures that citizens are availed with opportunities for life-long achievements.
- I must confess that I am very pained by the recurring disruption to our tertiary education system and I am using this Independence Day celebration to re-iterate my call for the striking Academic Staff Union of Universities (ASUU) to return to the classroom while assuring them to deal with their contending issues within the limits of the scarce resources available. This administration has made appreciable progress in redressing these issues that have been lingering for over eleven years.
- The Federal Government will continue to mobilize resources both internationally and nationally towards funding education to ensure that our citizens are well educated and skilled in various vocations in view of the fact that education is a leading determinant of economic growth and employment generation.
- Fellow Nigerians, we have also improved our health facilities, especially during and after the outbreak of the COVID-19 pandemic, which attracted commendation of the global community.
- As you are aware, Nigeria was one of the countries that defied global predictions of the socio-economic impacts of the COVID-19 pandemic because of our resilience, commitment and passion with which we individually and collectively managed the pandemic.
- This administration embarked on addressing critical ecological challenges across the country in order to mitigate the impact of Climate Change manifesting in the form of flood, soil erosion, desertification, air pollution amongst others
- We will continue to ensure that our infrastructure drive remains the key to Nigeria’s economic growth and for which every Nigerian will feel the impact.
- The Federal Government is already expanding ports operations to ensure that they provide opportunities for the growth of the Nigerian economy.
- We have also continued to accelerate our infrastructure development through serviceable and transparent borrowing, improved capital inflow & increased revenue generation by expanding the tax bases and prudent management of investment proceeds in the Sovereign Wealth Fund.
- To further open up our communities to economic activities, we have continued to boost our railway infrastructure with the completion of a good number of critical railways and at the same time rehabilitating as well as upgrading obsolete equipment.
- I am pleased to inform my fellow citizens that besides our emphasis on infrastructural development with its attendant opportunities for job creation, employment generation and subsequent poverty reduction, our focussed intervention directly to Nigerians through the National Social Investment Programme is also yielding benefits.
- There is hardly any ward, village or local government in Nigeria today that has not benefited from one of the following: N-Power, trader-moni, market moni, subsidized loans, business grants or Conditional Cash Transfers.
- All the aforementioned programmes along with various interventions by the National Social Investment programme, direct support to victims of flooding and other forms of disasters have provided succor to the affected Nigerians.
- Fellow Nigerians, no matter what gains we make, without a good governance system anchored on electing credible leaders on the basis of free, fair, credible and transparent elections, our efforts would not be enough.
- It is for this reason that I have resolved to bequeath a sustainable democratic culture which will remain lasting. The signing of the Electoral Act 2021 as amended with landmark provisions further assures us of a more transparent and inclusive Electoral Process.
- Having witnessed at close quarters, the pains, anguish and disappointment of being a victim of an unfair electoral process, the pursuit of an electoral system and processes that guarantee election of leaders by citizens remains the guiding light as I prepare to wind down our administration.
- You would all agree that the recent elections in the past two years in some states (notably Anambra, Ekiti and Osun) and a few federal constituencies have shown a high degree of credibility, transparency and freedom of choice with the people’s votes actually counting. This I promise would be improved upon as we move towards the 2023 General Elections.
- As we begin the transition process to another democratically elected government, I want to implore all aspirants to conduct issues-based campaigns devoid of hate speeches as well as other negative and divisive tendencies.
- I also want to express my wish that we see more female and youth participation in the forth-coming electoral cycle. I am sure that our teeming and energetic youths now realise that violence generally mar elections and so should desist from being used by politicians for this purpose.
- Reforms in the public sector are already yielding results especially in the delivery of services. On this note, I urge the general public to demand for citizen-centred services from the relevant authorities.
- On the international front, we have continued to take advantage of our bilateral and multilateral platforms to explore cooperation with friendly countries and partners whenever these areas of cooperation are to the advantage of Nigeria.
- Fellow Nigerians, in the past few years we have witnessed and overcome a good number of challenges that would ordinarily have destroyed our Nation. However, the indefatigable spirit of the Nigerian people has ensured that we overcome our challenges.
- It is in this spirit that I call on all of us to individually and collectively bring to the fore in dealing with all our development issues.
- I was called to serve, along with my team, I saw an opportunity to create a better Nigeria which we have done with the support of Nigerians. Almighty God and the good people of Nigeria supported us in laying a solid foundation for the Nigeria of our dreams.
- I thank you all and God bless the Federal Republic of Nigeria.
Being text of President Muhammadu Buhari’s address on the occasion of the 62nd Independence Anniversary of Nigeria.
Opinions
President Tinubu and Baba Adebanjo: A ‘Ringside’ Story

By Tunde Rahman
Since Afenifere leader Pa Ayo Adebanjo passed away on February 14 at 96, many have praised his significant contributions to Nigeria as a frontline nationalist, a key role player in the politics of the first and second republics, and an uncompromising devotee of the late Chief Obafemi Awolowo.
Active in the First Republic Action Group, the Second Republic Unity Party of Nigeria, and Alliance for Democracy from 1999, Baba Adebanjo fought tirelessly for democracy. He consistently advocated for true federalism and the country’s political and economic restructuring based on the 1963 Republican Constitution.
Pa Adebanjo was also a well-known activist who stood for equity, truth, and justice. He fought against all forms of injustice and oppression including military dictatorship.
In this respect, I recall his relationship with President Bola Tinubu.
When Asiwaju Tinubu, then a founding chieftain of the defunct AD, decided to run for Lagos governorship, Pa Adebanjo fully supported him, championing transparency in the process that produced him as the candidate of his party. Despite the initial opposition within the party, Baba Adebanjo and other young party members opted for open party primaries, helping Tinubu to emerge as the candidate. Tinubu went on to win the governorship election and was inaugurated on May 29, 1999.
Grateful for the support, Asiwaju maintained a strong relationship with Baba Adebanjo. Even when their political paths diverged, Tinubu held Baba in high regard. The President said this much in his incisive tribute to Pa Adebanjo, which I quote in part thus:
“In moments of national crisis, Baba’s courage shone brightest. When democracy hung in the balance after the annulment of the June 12, 1993 presidential election, he joined the National Democratic Coalition (NADECO) as one of the leading voices against military dictatorship, helping to galvanise a movement that became the bedrock of our collective struggle to reclaim democratic governance.
“His unwavering commitment to truth and justice extended to my journey as a governorship candidate in 1999. Baba Adebanjo’s steadfast support was instrumental in my election as Governor of Lagos State under the platform of the Alliance for Democracy.
“Though our political paths diverged in later years, my respect and admiration for him never wavered. Until his death, I shared a deep personal bond with Baba Adebanjo; he was like a father figure.”
Many in Tinubu’s position might have taken issue with Baba, who sometimes openly criticised him. But not Asíwájú. As an Omoluabi—a person of good character—Tinubu respects elders and institutions, giving honour where it’s due.
How do I know President Tinubu highly regarded Baba Adebanjo? As a journalist and editor, I was well-known to Baba Adebanjo. I interacted with and interviewed him on many occasions during my active years in journalism. So when I became Asiwaju’s Media Adviser, I became the envoy of sorts, the message-bearer for both. Baba Adebanjo would telephone me, saying, “Rahman, Rahman, so fun Oga e pe mo fe ri. To ba wu yin ke wa, to ba wu yin ke ma wa. Tie na la fe so fun,” meaning “Tell your Principal I would like to see him. If he likes, let him honour my invitation. It’s to his benefit if he comes.”
We visited Baba at his residence in Lekki, Lagos, several times. On other occasions, Baba called at Bourdillon, the Ikoyi residence of Asiwaju, along with his entourage.
There is, however, a hilarious and instructive story about the two, which speaks to the admiration and high regard President Tinubu had for Baba, which essentially is the focus of this article. It was during the 90th birthday of Baba Adebanjo, sometime in April 2018. I remember vividly that that particular birthday fell on a Sunday. But a birthday colloquium came up on a Thursday, three days before the actual birthday. We had lodged in our dairy for Asiwaju, the birthday lecture, as well as other activities and events lined up to celebrate the distinguished elder statesman. While focusing on the birthday date, I forgot the preceding Thursday event at Landmark Event Centre in Victoria Island, Lagos. Luckily for me, around 9am that Thursday, the traditional ruler of Oke-Ila in Osun State, Oba Dokun Abolarin, telephoned me, saying he was in Lagos and asking if Asiwaju was coming for the birthday lecture. Knowing I had failed to alert Asiwaju about the lecture the previous night, I smelled trouble.
I immediately raced to Bourdillion in Ikoyi. When I went upstairs to see Asiwaju, he was reading newspapers, oblivious of any early morning engagement that day, particularly that of Baba Adebanjo. I informed him about the event and apologised that I had my mind set on the birthday date on Sunday. The lecture was slated for 10 am, and time was already 10 am. Asiwaju, livid, sprung to his feet. By this time, my colleague Ademola Oshodi had joined me in Asiwaju’s room. Without any prompting, we prostrated and apologised again.
Those close to President Tinubu know he is a very proficient politician in Yoruba as he is in English, complete with street lingo. Still seething in anger, Asiwaju said in Yoruba, “Hen hen, idobale yin yen ni emi ma te’ bati. Ma de ibi lecture, won a ma so pe mo moo mo pe de ni ki nba le da ijoko won ru,” meaning, “So it’s this your prostrating that will now count. I will get to the event now, and they will allege that I deliberately came late so I can cause a stir and disrupt the lecture.”
Somehow, Asiwaju quickly prepared to attend despite our tight schedule as we were meant to travel to Abuja that same day. We got to the occasion around noon after the program had been on for about two hours. One important personality I could not readily remember was on the podium.
Though we arrived late, Tinubu’s presence stirred excitement, and he delivered a heartfelt speech.
As President Tinubu predicted, his arrival caused a big stir and a temporary halt in the programme. As we made to leave, another commotion that did not subside even after our departure ensued. I suspect Asíwájú’s departure might have signaled the virtual end of the program.
That was not the end of the story, though. A couple of days later, I heard Uncle Jimi Disu, a known Asiwaju critic, on his regular programme then on Classic FM, talking about Baba Adebanjo’s birthday lecture, alleging that Asíwájú ‘sauntered’ into the programme uninvited and disrupted the birthday lecture of the nonagenarian. I could not believe my ears. I went on that program afterward to debunk what he said. I narrated what happened, that Asiwaju had tremendous respect for Baba and that he would have avoided the kind of situation that played out if I had briefed him of the timing of the programme.
This incident underscores the critical role of aides in supporting leaders to function effectively. Aides must guide them accurately, as their actions and inactions can significantly impact leadership outcomes. An oversight on my part unintentionally fueled what would have resulted in animus between Baba Adebanjo and Tinubu.
-Rahman is Senior Special Assistant to President Tinubu on Media, Publicity and Special Duties.
Opinions
Between Japan’s Kaizen philosophy and Nigeria’s National Values Charter

By Temitope Ajayi
Two days after DeepSeek took the world by surprise, a Financial Times report warned that the West should be worried by how China appears to be leading the Artificial Intelligence race.
Financial Times says the emergence of DeepSeek from the shadows, catching the West unawares, is a strong indication that China has mastered the art of ‘Kaizen’.
I recall that my first encounter with Kaizen, the philosophy that underpins the rise of Japan as the Asian economic powerhouse, is about 10 years now.
Societies like China, Japan, and South Korea that anchor their development models on their culture and value systems continue to break new grounds and are far ahead in innovation and human advancement.
At the heart of Japan’s success, especially in the manufacturing and service sectors, is the work ethics that are firmly rooted in the Kaizen philosophy. ‘Kaizen’ is a Japanese word that means continuous improvement or change for the better. The quest for excellence and attention to detail have been weaved into the social and moral fabrics of Japanese society as a matter of obligation.
It is this philosophy and social imperative that the Japanese take into product designs and execution. It is, therefore, not surprising that the world sees continuous improvement in every new edition of Japanese products like Toyota automobiles.
The concept of Kaizen became popular in the United States by the 1980s when it was discovered that the performance of Japanese companies was much better than their American counterparts. It became apparent that the difference between Japanese and American companies in terms of effectiveness and operational efficiency was the application of the Kaizen principle.
Kaizen philosophy is similar to the Yoruba Omoluabi ethos. Every major ethnic group and subculture in Nigeria and Africa has its own equivalent of such value systems.
We can only imagine our pace of development and progress as a country if we develop a national value system around the virtues of excellence, honour, and integrity. This means our workmen and women will pursue excellence as second nature in everything. Politicians will embrace public service as a matter of honour, and citizens will accept integrity as an article of faith in undertakings.
Our society is hemorrhaging as a result of value degradation. It is heartbreaking how badly we have drifted because we neglected our cultural values and practices that served as the guiding principles of society.
It is the responsibility of leaders at all levels to direct society to embrace enduring values that edify and promote human development. I believe we can still recover lost grounds. This is why the efforts being made by the Mallam Lanre Issa-Onilu-led National Orientation Agency to re-ignite a new wave of consciousness through the National Values Charter should be appreciated and promoted. The values charter has already been approved by the Federal Executive Council. President Bola Tinubu is leading this renewed effort to push value re-orientation to the forefront of public policy and national development agenda.
-Ajayi is Senior Special Assistant to President Tinubu on Media and Publicity
Opinions
Tinubu’s quest to overcome the power sector gridlock

By Temitope Ajayi
Angered by the appalling situation of Nigeria’s electricity supply sector over several decades of doing the wrong things by successive governments with no remedy in sight, even after hundreds of billions of public funds had been expended, President Muhammadu Buhari in 2018 chose a different path that had worked in other jurisdictions.
He reached out to the then German Chancellor Angela Merkel to help solve the protracted power gridlock in Nigeria. The discussion between the two leaders gave birth to the FG-Siemens Energy AG Presidential Power Initiative in 2019. Under the terms of the agreement of the Nigerian Electrification Roadmap, Siemens Energy would ramp up electricity generation in Nigeria to 25,000 megawatt in six years, in three phases, from an average of 4000 megawatts the country had been stuck with for decades.
President Buhari was quite bullish about the project such that he put it under the direct supervision of his office with his Chief of Staff, late Abba Kyari, as the directing officer. The former president who didn’t want the project to be derailed by bureaucratic bottlenecks and red-tape made sure all man-made obstacles and deliberate obstructions were bulldozed with Abba Kyari in charge.
The unfortunate demise of Kyari in 2020 arising from Covid-19 while in Germany to get the power project underway rolled back the speedy implementation of what would have been a game-changer in Nigeria’s elusive quest for a stable and reliable power supply. Nigeria’s economy had been blighted by years of poor electricity supply. From available records, Federal Government has spent over $30 billion dollars to revamp the sector in the last three decades without any substantial progress. The economy is run on generators with Nigerians spending a staggering $10billion dollars (N7.6 trillion) annually on petrol and diesel to run their generators including the cost of maintenance, according to a 2024 report, “Beyond Gensets: Advancing the energy transition in Lagos State” published by Sustainable Energy for All (SEforALL).
True to his campaign promise to build on the achievements of his predecessor across all sectors and improve on governance performance in areas where it is required, President Tinubu, in demonstration of his unshaken believe in continuity of governance, took on the FG-Siemens Power Project as part of his priority projects in the energy sector.
It is necessary to state that this all-important power project had suffered undue delays since July, 29, 2020 when the Federal Executive Council approved the payment of €15.21m and N1.708bn as part of Nigeria’s counterpart funding for the offshore and onshore components of the project.
Managing Director, Siemens Energy Nigeria, Seun Suleiman, was quoted as saying then that, “Siemens Energy is committed to working with the Federal Government of Nigeria through the FGNPowerCo to see a successful implementation of the presidential power initiative. We have successfully carried out a similar project in Egypt.
“This project will transform the energy landscape of the country, and we are grateful the government has entrusted us with this notable initiative. We are capable, and we will deliver excellent results.”
In 2021, FGN Power Company, the Special Purpose Vehicle established by the Federal Government of Nigeria for the implementation of the PPI, announced the commencement of the grid network studies and power simulation training for technical experts in the Discos, TCN, NAPTIN and NERC, including provision of specialized power simulation softwares for TCN, NERC and all Discos. By December 2024, more than 100 experts across the sector have been trained on power systems simulation and network planning with skills to better manage the grid operations at various levels.
In the same year 2021, the Federal Executive Council approved the contract for the supply of 10 mobile substations and 10 power transformers by Siemens Energy for quick reinforcement of the grid as part of the pilot Phase of the project. Reports by FGN Power Company indicate that all the equipment have since been supplied and installed across the country.
However, the overall pace of the project delivery in terms of meeting timelines has not been impressive.
On assumption of office, President Tinubu saw the need to continue with the project and how timely delivery can transform the power sector for a country that desperately needs a reliable power supply for industrialisation and grow its economy. The status of the project came up at a bilateral meeting between President Tinubu and German Chancellor Olaf Scholz during the latter’s working visit to Nigeria in August 2024 in Abuja. At a follow-up engagement in Dubai in December 2024 during COP28, the Nigerian Government and Siemens Energy AG signed an accelerated performance agreement aimed at expediting the implementation of the Presidential Power Initiative (PPI) to improve electricity supply in Nigeria. The agreement that was signed by Kenny Anuwe, Managing Director/CEO of FGN Power Company and Ms. Nadja Haakansson, Siemens Energy’s Senior Vice President and Managing Director for Africa, was witnessed by President Tinubu and Chancellor Scholz.
Under the accelerated performance agreement, Siemens Energy will see to the end-to-end modernization and expansion of Nigeria’s electric power transmission grid with the full supply, delivery, and installation of Siemens-manufactured equipment.
Furthermore, the agreement will ensure project sustainability and maintenance with full technology transfer and training for Nigerian engineers at the Transmission Company of Nigeria (TCN).
In a major demonstration of President Tinubu’s commitment to the power project and a positive shift towards execution, the President led the Federal Executive Council on December 16, 2024 to approve €161.3 million Euros for the execution of the contracts in the first batch of the Phase one of the projects across the country following earlier approval of the transaction by the Bureau of Public Procurement.
Addressing journalists after the FEC approval, an enthusiastic Minister of Power, Adebayo Adelabu, with the renewed vigour to deliver on the project said, “at the Federal Executive Council meeting, there were basically two approvals for the Federal Ministry of Power, as I presented. The first was actually an approval for the award of contract for engineering, procurement, construction and financing for the implementation of the 331 32 KV And 132 33 KV substations upgrade under Phase One of the Presidential Initiative, popularly known as the Siemens project consequent upon completion of the pilot phase of this project.
“So, the Federal Executive Council considered it necessary for us to move forward as promised by the President of the Federal Republic of Nigeria at a meeting he held with the President of the Republic of Germany.”
The latest FEC approved scope of work includes upgrade of TCN substations in five locations of Abeokuta (330/132/33kV), Ayede (330/132/33kV), Offa (132/33kV), Onitsha (330/132/33kV) and Sokoto (132/33kV). These substations were carefully selected as Batch 1 of the brownfield scope of the Phase 1 projects to increase the wheeling capacity of the transmission network grid.
In the same vein, FGN Power Company will implement assets upgrade and enhancement in the distribution networks, in collaboration with the Distribution Companies (Discos) to ensure last-mile delivery of the evacuated power to industrial customers and residential consumers. These locations are load centres that are currently underserved and require swift enhancements. The execution of the project will be fast tracked and completed under the President Bola Ahmed Tinubu administration.
It’s important to state that the FGN Power Company has started working on other priority brownfield and Greenfield projects in target load centres across the country. Special attention is also being paid to the execution of systems and products to enhance grid resilience and stability to reduce the frequent occurrences of grid disturbances.
In December 2024, Minister of Power Adelabu commissioned the mobile substation in Saapade, a suburb of Shagamu in Ogun State. This has enhanced power evacuation and delivery to industrial customers within the Shagamu hub. Similarly, another mobile substation was commissioned at the Ajibode area of the University of Ibadan to enhance power delivery to the university community and adjoining areas. Before then, mobile substations and power transformers have been commissioned and energized in Ajah Lagos, Mando Kano, Jebba Kwara State, Okene Kogi, Amukpe Delta, Potiskum Yobe, Apo Abuja and Ihovbor Edo.
While the implementation of the Presidential Power Initiative is going on, President Tinubu has equally inaugurated the Presidential Metering Initiative, which aims to increase the rate of smart metering of all customers in a commercially sustainable manner. The roll out of the metering solutions has started. It is expected that the combined impact of assets upgrade through Presidential Power Initiative (PPI) and metering through the Presidential Metering Initiative (PMI), coupled with efforts of subnational electricity markets will bring lasting solutions to the challenges of electricity supply in Nigeria.
With President Tinubu’s committed leadership, the parlous state of the power sector will be reversed, and Nigerians and the economy will experience a new lease of life with reliable electricity supply that will geometrically increase productive activities. Indeed, the president’s strategic approach to resolving the multifaceted challenges in the power sector is yielding visible results. The restructuring of the tariff regime, intervention in the commercial imbroglio on gas supply, additional investments in infrastructure through PPI, enactment of the new Electricity Act which provides legal framework for further decentralisation of the sector and devolution of more responsibilities to the subnational governments, are all part of the renewed hope agenda for the power sector to bring sustainable solutions.
-Ajayi is Senior Special Assistant to President Tinubu on Media and Publicity
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