- Stakeholders are pushing for the implementation of policies and collaboration with the private sector in Nigeria’s energy transition.
- Lagos and the Federal Government pledge more decisive action for cleaner, more reliable power systems.
Stakeholders have renewed their commitment to advancing sustainable energy in Nigeria and across Africa. Last week, over 8,500 energy professionals gathered in Lagos for the 12th edition of Nigeria Energy Week, organised by Informa Markets. The event’s theme, “Powering Nigeria Through Investment, Innovation and Partnership,” highlighted the urgent need for practical progress in clean energy transformation.
During the opening session, Ade Yesufu, Exhibition Director, Energy Portfolio MEA at Informa Markets, welcomed participants. He described the summit as a national platform for unity and progress.
Furthermore, he emphasised that Nigeria needs to transition from policy discussions to concrete implementation. According to him, collaboration among government, investors, and innovators remains essential to delivering reliable and sustainable energy in Nigeria.
He explained that for over a decade, the summit has connected influential voices shaping the nation’s economic and energy future. Consequently, it has become a significant meeting point for policymakers, private investors, and global partners working towards a resilient and sustainable energy sector.
The Minister of Power, Adebayo Adelabu, described this year’s theme as timely. He reaffirmed the Federal Government’s commitment to implementing the Electricity Act 2023. In addition, he explained that the Act enables state-led power generation, decentralised markets, and greater private participation. Adelabu emphasised that innovation, transparency, and collaboration must define Nigeria’s energy future.
He also linked the ministry’s vision to President Bola Ahmed Tinubu’s Renewed Hope Agenda. The plan focuses on economic revitalisation through innovation, enterprise, and shared prosperity. As a result, he stated that the ongoing reforms will attract investment and expand access to reliable electricity nationwide.
Similarly, Governor Babajide Sanwo-Olu of Lagos State, represented by Commissioner Biodun Ogunleye, highlighted the importance of local leadership. He noted that the Lagos State Electricity Law 2024 positions the state as a key driver of energy reform. Moreover, he explained that the law will help build a cleaner, more efficient, and affordable power system for residents.
Throughout the summit, leadership dialogues and expert panels tackled the sector’s pressing challenges. Discussions on public-private partnerships, electricity reform, and the Electricity Act underscored the need for investor confidence, clear regulations, and stronger coordination between federal and state governments. Therefore, participants agreed that unified action and inclusive policies remain vital to powering Africa’s sustainable energy future.