The Paramount Ruler of Iwoland, Oba Abdulrosheed Adewale Akanbi, has commended President Bola Tinubu and the Minister of Power, Olasunkanmi Tegbe, for the improved electricity supply in Nigeria. Oba Akanbi, who recently returned from a month-long vacation abroad, stated that he experienced significant improvement in electricity supply since his return two days earlier. He attributed the development to efforts to address corruption in the power sector.
According to Oba Akanbi, the improved electricity supply will encourage investment, boost businesses, and strengthen the country's economy. He noted that reliable electricity would encourage local and foreign investors to establish businesses in the country while helping existing enterprises reduce operating costs. The monarch's commendation was contained in a statement by his Press Secretary, Alli Ibraheem.
Oba Akanbi stated that he had been enjoying at least 20 hours of power supply per day since his return, adding that he had not bought a single liter of diesel. He expressed strong hope that the breakthrough will attract investors who will boost Nigeria's economic strength. The monarch also noted that his experience during his recent trip abroad had made him appreciate the improvement in electricity supply at home.
The traditional ruler urged Nigerians to adopt responsible electricity consumption practices, noting that electricity is a paid commodity that should not be wasted. He stated that sustained electricity supply could improve the livelihoods of Nigerians and place more people on the path to economic prosperity. Oba Akanbi also called for sustained measures to ensure stable electricity supply.
Small-scale business owners, including fish sellers, welders, cold-drink sellers, and barbers, will particularly benefit from the improved electricity supply, according to Oba Akanbi. He noted that petty traders whose businesses depend heavily on electricity will rebound economically. The monarch's statement was obtained by Sunday PUNCH.
President Bola Tinubu and the Minister of Power, Olasunkanmi Tegbe, have been commended for restoring sanctity to Nigeria's power sector. Oba Akanbi extended the commendation to the Minister of Power, calling for the sustenance of the improved tempo of electricity supply. He expressed hope that the breakthrough will attract investors who will boost Nigeria's economic strength.
Oba Akanbi's commendation is a testament to the efforts of the current administration to address the challenges in Nigeria's power sector. The monarch's experience is a reflection of the positive impact of improved electricity supply on businesses and the economy. Key stakeholders have been urged to work together to sustain the progress made in the power sector.
Key points
- Oba Abdulrosheed Adewale Akanbi commends President Bola Tinubu and Minister of Power Olasunkanmi Tegbe for improved electricity supply.
- Improved electricity supply will encourage investment, boost businesses, and strengthen Nigeria's economy.
- Sustained measures are needed to ensure stable electricity supply and attract investors.
