Minister of Power, Chief Adebayo Adelabu attended the African Energy Forum (AEF) from June 25 – 28, in Barcelona, Spain.
![](https://news247naija.com/wp-content/uploads/2024/06/adelabu-speaks-on-vision-at-african-energy-forum-in-spain56098758856390045853-768x1024.jpg)
During the event, he shared his vision on the electricity market in Nigeria.
He spoke extensively on:
![](https://news247naija.com/wp-content/uploads/2024/06/adelabu-speaks-on-vision-at-african-energy-forum-in-spain34453746401695138531-1024x768.jpg)
– Development of the National Integrated Energy Policy and the Strategic Implementation Plan.
– Reforms in the Electricity Market with the devolution of regulatory responsibilities to States.
![](https://news247naija.com/wp-content/uploads/2024/06/adelabu-speaks-on-vision-at-african-energy-forum-in-spain42188181876446367188-1024x768.jpg)
– De-risking the sector to catalyze private sector investment, by ensuring a service reflective tariff that allows for full cost recovery for a portion of Electricity Consumers.
More details to follow…