FG pushes for local production of power components to cut imports
Adebayo Adelabu, the Minister of Power, has urged the Energy Commission of Nigeria and the Rural Electrification Agency to collaborate more closely to boost local manufacturing of electricity components. He highlighted that this partnership is crucial for reducing imports and conserving foreign exchange. Bola Ahmed Tinubu’s administration aims to make local production a cornerstone of its power sector reforms. The move comes as Nigeria continues to face challenges from heavy reliance on imported power infrastructure.
TLDR
- Adebayo Adelabu wants the Energy Commission of Nigeria and the Rural Electrification Agency to work together on local production of electricity components.
- The goal is to reduce imports of meters, turbines, and transformers, which currently strain Nigeria’s foreign exchange reserves.
- Bola Ahmed Tinubu’s administration sees local manufacturing as key to fixing the power sector and driving economic growth.
- The ministry is planning a central data pool to improve sector coordination and decision-making.
- The potential of small hydropower projects was highlighted, with over 300 small dams identified as opportunities if local turbine production is developed.
