The All Progressives Congress (APC) has stated that President Bola Tinubu has not failed to fulfill his campaign promise to improve electricity supply in Nigeria. According to the party, Tinubu will present his scorecard and explain outstanding challenges to Nigerians ahead of the 2027 general elections. The APC maintained that the President remained committed to addressing challenges in the power sector.
Spokesperson of the APC Presidential Campaign Council, Dele Alake, made this statement in a press release on Sunday, November 1, 2026. Alake was responding to public commentary on Tinubu’s electricity campaign promise ahead of the 2023 general elections. During a meeting with members of the Organised Private Sector in Lagos, Tinubu promised to end estimated billing and ensure stable and reliable electricity.
Alake recalled that some commentaries had quoted Tinubu’s promise without including his concluding qualification that he would provide Nigerians with adequate reasons if he failed to deliver before seeking a second term. A fair assessment of the pledge must consider the full statement alongside the administration’s record since assuming office in May 2023.
The APC spokesman said Tinubu signed the Electricity Act, 2023, on June 9, barely two weeks after assuming office. This allowed state governments to participate in electricity generation, transmission, and distribution. Several states, including Lagos, Enugu, Abia, Ekiti, Oyo, Kaduna, and Niger, had begun taking advantage of the legislation by establishing their own electricity regulatory agencies and attracting private investment.
Alake stated that the administration had taken steps to address the power sector’s financial challenges, including tackling over N6 trillion in legacy debts accumulated between 2015 and 2025. The government introduced the Presidential Metering Initiative to address the country’s metering gap, metering over 1.5 million electricity customers in the last three years.
The administration established a N4 trillion bond programme to settle verified legacy debts owed to 21 electricity generation companies and gas companies. The first and second tranches of the programme raised over N1.2 trillion towards settling the verified debts.
The APC spokesman cited investments by electricity generation companies, including Geregu Power Plc’s recent announcement of investments in new power transformers, as evidence of improving investment conditions in the sector. The Tinubu administration had continued with the Presidential Power Initiative inherited from the previous administration to improve infrastructure.
Key points
- President Bola Tinubu signed the Electricity Act, 2023, to allow state governments to participate in electricity generation, transmission, and distribution.
- The administration has taken steps to address the power sector’s financial challenges, including tackling over N6 trillion in legacy debts.
- Over 1.5 million electricity customers have been metered under the Presidential Metering Initiative in the last three years.
