Lagos industrial clusters set for stable power
The Federal Executive Council (FEC) has signed off on four major projects from the Ministry of Power aimed at upgrading Nigeria’s ageing electricity grid and improving supply nationwide.
At Wednesday’s meeting chaired by President Bola Tinubu, Power Minister Adebayo Adelabu said the reforms will modernize transmission infrastructure, improve grid stability, and meet growing demand.
One of the biggest moves is the release of ₦13 billion for compensation under the Lagos Industrial Transmission Project. Backed by a $238 million loan from the Japan International Cooperation Agency (JICA), the project will deliver stable power to key industrial hubs in Lagos — a massive boost for manufacturing and job creation.
New high-capacity transformers coming to the grid
FEC also approved $34 million for new high-capacity transformers, plus an extra ₦5.2 billion for related costs. These will replace outdated units that are slowing down the grid.
The new equipment includes:
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Two 150 MVA 330/132 kV transformers
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Three 100 MVA 132/33 kV transformers
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Five 60 MVA 132/33 kV transformers
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Two 30 MVA 132/33 kV transformers
Adelabu said the upgrades will reduce overloads, stabilize voltage, and boost transmission capacity.
Fixing a 50-year-old problem
Nigeria’s national grid is over 50 years old, with many components running far past their intended lifespan. According to Adelabu, replacing and maintaining these assets is key to ending frequent grid collapses and improving supply to homes, offices, and businesses.
“This is a big step in our power sector reform agenda,” he said. “It’s about clearing bottlenecks, keeping the lights on, and powering economic growth.”
