The Minister of Power, Adebayo Adelabu, has disclosed some of the factors responsible for the energy deficit in the country.
Adelabu said inadequate financing and insufficient gas supply are hindering the provision of stable energy.
He made this known on Tuesday in his opening address at the power sector stakeholders interactive dialogue.
The event was organised by the House of Representatives Committee on Power in Abuja.
Adelabu, who lamented the current state of power supply across the country, however, assured Nigerians of the determination of the President Bola Tinubu-led administration to address the challenges and make Nigeria a suitable place for business.
He said, No sector can function optimally without the power sector. Over the years, poor financing, and inadequate gas supply have been responsible for the energy deficit we have in the country. But a lot of work is going on to address these challenges.
Kazeem Badmus is a graduate of Mass Communication with years of experience. A professional in journalism and media writing, Kazeem prioritses accuracy and factual reportage of issues. He is also a dexterous finder of the truth with conscious delivery of unbiased and development oriented stories.
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