Video: Tinubu promises power boost amid chronic blackouts
President Bola Tinubu
Abdullateef Fowewe
President Bola Tinubu has addressed ongoing electricity woes during his speech at the All Progressives Congress (APC) National Convention, announcing plans by the grid asset management company, CAMCO, to inject approximately 1,500 megawatts into a new “green corridor” to improve supply.
“Many of you lamenting the problem for electricity, power. Yes, we are paying attention to that,” Tinubu stated, directly acknowledging public frustrations.
He added, “The grid asset management company, CAMCO, which will inject approximately 1,500 megawatts into a new green corridor — we’re going to improve on it. Electricity will become better and be assured there’ll be opportunity and progress in our industrialisation path.”
The announcement revives Tinubu’s 2023 campaign pledges for 24-hour electricity, which have yet to materialise amid frequent national grid collapses.
World Bank estimates peg the annual economic losses from blackouts at billions of dollars, hampering businesses and households.
