Tinubu's N3.3trn Fund for Nigeria's Power Sector Commended

A group has praised President Bola Tinubu for his approval of a N3.3 trillion fund aimed at settling long-standing debts in Nigeria's power sector. This initiative is part of a broader effort to improve the reliability of electricity supply in the country.

Alhaji Abdulkabir Adeoy, the founder of the initiative, made this commendation during an event in Osogbo, Osun State, which was hosted as part of a Christian Easter Bible competition. The fund is intended to address legacy electricity debts accumulated from February 2015 to March 2025, as part of a presidential power sector financial reform program.

Adeoy emphasized the need for improved electricity supply and urged stakeholders to ensure the process delivers stable electricity to Nigerians. He also called on citizens to appreciate President Tinubu's efforts and warned against any sabotage that could disrupt the initiative.

Funmilola Adesiyan, the wife of a former Minister of Police Affairs, also commended the initiative for promoting unity among people of different religions.