President Bola Ahmed Tinubu on Friday night reassured Nigerians that his administration is actively tackling the country’s chronic electricity shortages, promising noticeable improvements in power supply in the coming months.
Speaking at the 4th Elective National Convention of the All Progressives Congress (APC) at Eagle Square, Abuja, Tinubu acknowledged widespread frustration over erratic electricity, which has continued to disrupt households and businesses nationwide.
“I assure you, many of you lamenting the problems of electricity power. Yes, we are paying attention to that,” he said.
As part of the reforms, Tinubu revealed that the newly established Grid Asset Management Company (GAMCO) is set to inject an additional 1,500 megawatts into a new grid corridor, a move designed to strengthen transmission capacity and reduce recurring collapses.
Beyond just increasing supply, the President stressed that his administration is addressing underlying structural issues in the sector, including legacy debts owed to Generation Companies (GenCos) and gas suppliers, as well as outdated transmission infrastructure.
“The Grid Asset Management Company weekly, 1,500 megawatts into a new grid corridor… We are going to improve… Electricity will become better and be assured,” he added.
Tinubu also framed reliable power as a driver of economic growth, highlighting its role in industrial expansion and broader opportunities for Nigerians.
While the promise of more stable electricity is familiar, what has not been widely reported is the administration’s focus on improving funding mechanisms within the electricity sector, aimed at creating a more sustainable and self-reliant power system over the long term. Analysts say this could reduce future dependence on federal bailouts and strengthen the operational capacity of GenCos and Transmission Companies (TransCos).
The remarks come as Nigerians continue to endure prolonged blackouts, with the national grid suffering multiple collapses in recent years, including major incidents in 2025 and 2026. By establishing GAMCO on March 4, the government hopes to optimize existing transmission assets and prevent repeat failures, signaling a shift from short-term fixes to systemic solutions in the power sector.
This new angle emphasizing the “hidden gains” in grid reform and sustainable funding suggests the administration is looking beyond temporary supply boosts toward long-term stability and industrial growth.
