Adelabu says power reforms continued despite lack of 2025 capital funds
Adebayo Adelabu, Minister of Power, stated that the ministry operated without any capital allocation in the 2025 budget but still fulfilled its regulatory duties in the electricity sector. He assured lawmakers that steps are being taken to prevent the fiscal lapses that affected the 2025 capital budget, with improved performance expected in 2026. Adelabu highlighted that although capital expenditure saw zero performance in 2025, salaries and overheads were fully implemented, and agencies under the ministry generated their own revenues. The minister also noted that the national grid remained relatively stable in 2025, with only one disturbance attributed to vandalism and gas supply disruption.
What we know
- Adebayo Adelabu said the Federal Ministry of Power had zero capital allocation in the 2025 budget but maintained its supervisory and regulatory responsibilities.
- He told lawmakers that the ministry recorded zero performance in capital expenditure for 2025 due to the absence of fund releases, though salaries and overheads were fully implemented.
- Adelabu reported only one national grid disturbance in 2025, caused by vandalism and gas supply issues, compared to multiple incidents in 2024.
- He disclosed that about 30 per cent of the capital budget for 2026 is expected to be released before the end of March, with the rest to follow during the year.
- Figures showed that Ministries, Departments, and Agencies received less than N1tn for capital projects in the first seven months of 2025, far below the pro rata benchmark.
