By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Africa Housing NewsAfrica Housing News
Notification Show More
Aa
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
    • About Us
    • Contact Us
    • Join Us
Reading: Senator Akintunde Advocates Full Privatisation of Power Sector, Calls for Subsidy Reintroduction
Share
Aa
Africa Housing NewsAfrica Housing News
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
Search
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
    • About Us
    • Contact Us
    • Join Us
Have an existing account? Sign In
Follow US
Africa Housing News > Blog > News > Senator Akintunde Advocates Full Privatisation of Power Sector, Calls for Subsidy Reintroduction
News

Senator Akintunde Advocates Full Privatisation of Power Sector, Calls for Subsidy Reintroduction

Treasure Chuka
Last updated: 2025/07/10 at 3:42 PM
Treasure Chuka Published July 10, 2025
Share
SHARE

Senator Titus Akintunde has urged the Federal Government to fully privatise Nigeria’s electricity sector by extending privatisation to the transmission arm, which he says remains outdated and underutilised compared to the already-privatised generation and distribution segments.

Akintunde, who holds a PhD in Energy and Environmental Studies, made the call while speaking on the state of the national grid infrastructure. He argued that a comprehensive approach to privatisation is critical for modernising Nigeria’s power sector and unlocking investment.

“If you look at the infrastructure in transmission, they are old and underutilised,” he said. “We need to replicate what was done with generation and distribution.”

The lawmaker also advocated the return of subsidies in the power sector, insisting they are essential for driving economic growth and improving competitiveness. He described energy subsidies as a global standard rather than an anomaly.

“There is nowhere in the world where power is not being subsidised even in the United Kingdom,” he noted. “We cannot abandon subsidies simply because they were previously mismanaged.”

Akintunde stressed that affordable electricity is a cornerstone of any stable economy, adding, “Energy should be subsidised; it is a fundamental pillar of economic management.”

He called for targeted reforms to ensure transparency and accountability in subsidy administration while prioritising access and affordability for consumers and small businesses.

You Might Also Like

Ohanaeze Youths Hail Launch of Enugu Air, Say Mbah Unlocking Economic Opportunities

Ogun Government to Launch Environmental Watchdog to Tackle Floods, Waste, and Infrastructure Abuse

Governor Lawal Distributes 59,205 Bags of Fertiliser to Boost Agriculture in Zamfara

How NASS, FRC Collaboration Boosted GOEs’ Surplus from N200bn to Over N2trn

EFCC Uncovers Massive Fraud at NNPCL, Demands Crackdown on Unexplained Wealth

Join Our Whatsapp Group

Contact Image

Join Our WhatsApp Channel

Housing TV Africa is the First Housing News Television
in Africa on Startimes Channel 149 bringing you
Housing News, Mortgage News, Construction News etc

TAGGED: Electricity subsidy Nigeria, Power sector reform, Senator Akintunde
Treasure Chuka July 10, 2025 July 10, 2025
Share this Article
Facebook Twitter Email Print

© Africa Housing News. All Rights Reserved 2024

Welcome Back!

Sign in to your account

Lost your password?