President Bola Ahmed Tinubu has assured Nigerians that the ongoing wave of electricity blackouts across the country will soon ease, promising that his administration is taking concrete steps to stabilise and improve power supply.
Tinubu gave the assurance while speaking at the National Convention of the All Progressives Congress (APC) in Abuja, amid growing concerns over persistent outages linked to reduced electricity generation in recent weeks.
Addressing the issue directly, the president acknowledged public frustration and emphasised that the situation is being addressed.
“I assure you, many of you lamenting the problem of electricity and power; we are paying attention to that,” Tinubu said.
He further reassured Nigerians that improvements in electricity supply are imminent.
“Electricity will become better, and we assure you there will be opportunities and progress in our industrialisation.”
Highlighting specific interventions, Tinubu disclosed plans to boost power supply through targeted infrastructure upgrades.
“Through the Grid Asset Management Company, we will inject approximately 1,500 megawatts into a new grid corridor,” he stated.
The president stressed that his administration’s efforts are already producing measurable outcomes, despite criticism from opposition groups.
“The impact of our programmes is visible, tangible, impactful, and measurable—not mere rhetoric as some opposition elements like to suggest. We are moving from survival mode to stability.”
Tinubu also used the opportunity to defend his broader economic reforms since taking office in 2023, including the unification of the foreign exchange market and the removal of fuel subsidies—policies that have sparked debate over their impact on Nigerians.
While acknowledging the challenges, he maintained that the country is on the right path.
“Fellow compatriots, since assuming office, our government has remained focused on delivering on our mandate to the Nigerian people despite a complex global economic and political environment. Today, I can assure you that we are on the right track. Investor confidence has greatly improved.”
He added that Nigeria’s economic outlook is strengthening, citing renewed interest in the oil and gas sector and improved global financial standing.
“Our oil and gas sector has once more become attractive to foreign investment following our reforms. Our Eurobond issuance was oversubscribed by 400%, and Nigeria has exited the financial ‘grey list’, marking a return to global financial credibility.”
Reaffirming his commitment, the president urged Nigerians to remain patient, expressing confidence that ongoing interventions will soon translate into more stable electricity supply and sustained economic progress.