The Nigerian government has approved the country’s first-ever National Integrated Electricity Policy, marking a pivotal step in overhauling the nation’s power sector in line with the revised Electricity Act of 2023.
The newly endorsed policy provides a comprehensive long-term framework aimed at improving governance, integrating renewable energy sources, and ensuring the sustainable generation, transmission, and distribution of electricity across Nigeria. It seeks to establish a competitive and rules-based electricity market that encourages private sector participation, enhances infrastructure development, and supports clean energy adoption.
Speaking on the significance of the policy, Minister of Power, Mr Adebayo Adelabu, explained that the framework includes guidelines on market design, power value chain analysis, regulatory structures, climate change adaptation strategies, local content development, and gender inclusion.
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Adelabu further stated that the policy was developed through extensive consultations with stakeholders including state governments, private sector players, academics, and civil society groups. To maintain its effectiveness, the policy is scheduled for review every five years.
In addition to the electricity policy, the Federal Executive Council also approved a National Policy on Marine and Blue Economy, which was presented by the Ministry of Marine and Blue Economy.
Adelabu, speaking on behalf of the sector, said the 10-year implementation plan (2025–2034) is designed to unlock Nigeria’s vast marine potential, strengthen public-private partnerships, generate employment, and promote sustainability.
The Marine and Blue Economy policy focuses on several key areas, including maritime trade, fisheries, aquaculture, coastal tourism, environmental conservation, and marine education, positioning the sector as a driver of economic diversification and sustainable development.
