The Federal Government has urged investors in Nigeria’s power sector to invest in commercially viable areas and prioritize the recovery of existing generation assets rather than sinking capital into unverified projects.
Speaking at the 2026 Energy Conference of the Association of Energy Correspondents of Nigeria (NAEC) the Minister represented by the Ministry’s Director of Information and Press, Mr. Clement Ezeorah stressed that sustainable sector growth depends on matching investments with real, solvable constraints and high-yield commercial opportunities.
Tegbe cautioned that adding new generation capacity where the bottleneck actually lies elsewhere such as transmission limitations, gas supply gaps, or collection failures only ties up capital without improving the customer experience.
Instead, he called for recovering dependable output from existing assets through plant rehabilitation, proper maintenance, and reliable gas deliveries.
To build a profitable, market-driven energy ecosystem, the Minister highlighted several high-potential, commercially viable areas for investors. These include partnering with industrial estates, agro-processing hubs, and commercial centers to aggregate demand, secure credible offtake, and develop dedicated gas-to-power supply arrangements. Investors can also tap into distributed energy by backing mini-grids, commercial solar, storage systems, and hybrid setups tailored for communities and businesses poorly served by traditional infrastructure.
Tegbe also identified distribution and revenue infrastructure as vital investment targets, urging funds to be channeled into feeder rehabilitation, substation transformers, advanced metering, and digital revenue systems to enhance delivery and separate technical losses from collection failures.
Urging investors to look beyond short-term facility returns, Tegbe noted that reliable power acts as the backbone for the manufacturing, logistics, and service industries that expand the wider economy.
He reaffirmed the Federal Government’s commitment to strategic sector reforms, transparent communication, and disciplined execution.