Electricity Supply will improve by 2024 First Half — FG

Nigerians can expect a substantial boost in their electricity supply by the first half of 2024, according to Foreign Minister Amb. Maitama Tuggar. The improvement stems from the recently signed gas deal between Nigeria and Germany.

In an interview with Channels TV, Tuggar expressed optimism about the deal's impact on Nigeria's power sector. He acknowledged the challenges faced in the past but assured Nigerians that the President Bola Tinubu administration is committed to addressing these issues effectively.

Tuggar emphasized that the gas deal is a mutually beneficial arrangement. While Nigeria will be exporting gas to Germany, it will also continue to meet its domestic gas requirements. The revenue generated from these exports will be reinvested in further expanding electricity and gas infrastructure across the country.

"It's all interconnected," Tuggar explained. "Investing in exports doesn't mean neglecting domestic needs. In fact, the revenue from exports will enable us to bring electricity and gas to more Nigerians."

Overall, the gas deal represents a significant step forward in Nigeria's efforts to improve its electricity supply and address its energy challenges. With the government's commitment and the support of partners like Germany, Nigerians can look forward to a brighter future with more reliable and accessible electricity.