The Federal Government has set a target of adding an additional 4,000 megawatts (MW) of electricity to Nigeria’s national grid by the end of 2026 as part of an updated implementation plan for the Presidential Power Initiative (PPI).
In a statement released on Sunday, Bolaji Tunji, Special Adviser to the Minister of Power Adebayo Adelabu, revealed the updated target. Nigeria’s current grid capacity stands at 4,919MW, with the PPI aiming to expedite power sector improvements through a strategic partnership with Siemens Energy.
Siemens will focus on modernizing the transmission subsector using a turnkey model, while credible Engineering Procurement and Construction (EPC) firms will handle the distribution component. Under President Bola Tinubu’s administration, key milestones, including an Acceleration Agreement with Siemens Energy, have accelerated the implementation of the PPI.
Notable achievements include the delivery of 10 power transformers and 10 mobile substations in October 2023, adding over 700MW to the grid’s capacity. Additionally, Nigeria’s electricity generation hit a new record of 6,003MW on March 4, 2025.
Tunji acknowledged ongoing challenges, such as a ₦4 trillion subsidy debt and electricity theft, but emphasized the significant progress and reforms being made to strengthen Nigeria’s power sector for sustainable growth.