Urgent Call for Action on Nigeria's Stalled Power Projects

Energy finance expert Odion Omonfoman has called on Joseph Tegbe, the Minister of Power, to accelerate the completion of stalled power projects in Nigeria. Omonfoman emphasized the critical nature of addressing transmission bottlenecks, which he identified as a significant barrier to improving electricity supply.

He noted that despite improvements in generation, the Transmission Company of Nigeria (TCN) is constrained, leaving 2,000 megawatts stranded and unable to reach consumers. Omonfoman suggested that Tegbe adopt a more aggressive execution strategy, including weekly project reviews and contractor accountability, to resolve issues swiftly.

He highlighted the importance of coordination across the energy value chain, which he described as a major challenge in the sector. Omonfoman's recommendations come amid increasing pressure on the administration to demonstrate tangible performance in electricity delivery, with a target to see real improvements by May 2027.