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Nigeria Energy 2025: Stakeholders Tackle $34.5bn Power Funding Gap

Nigeria’s energy sector stakeholders are convening in Lagos this week to address one of the nation’s most pressing challenges, bridging the $34.5 billion funding gap required to achieve universal electricity access by 2030.

The three-day Nigeria Energy 2025 Conference, which opens on Tuesday, October 28, at the Landmark Event Centre, Lekki, brings together top government officials, regulators, investors, and innovators under the theme Powering Nigeria Through Investment, Innovation and Partnership.

Now in its 12th edition, the summit has evolved from a trade exhibition into what organisers describe as a powerhouse of policy dialogue and industry collaboration.

Exhibition Director at Informa Markets, Ade Yesufu, said the conference will focus on turning policy into measurable progress, tackling financing bottlenecks, and unlocking public-private partnerships to drive power infrastructure development.

He noted that the event comes at a defining moment for Nigeria’s energy transition, following the Electricity Act 2023, which decentralised power generation, transmission, and distribution, enabling states to develop their own electricity markets.

Despite this reform, Yesufu said, the sector still struggles with limited investment, regulatory overlap, and infrastructure gaps that hinder reliable power supply for millions of Nigerians.

The event will open with a ministerial address from Minister of Power, Adebayo Adelabu, and a keynote from Governor Babajide Sanwo-Olu of Lagos State, whose administration has begun implementing state-level power reforms.

Also Read: FG Executes 536 Niger Delta Projects, Community Fund Reaches ₦373bn — NUPRC

Key sessions will include “PPP Power Play: Reshaping Nigeria’s Infrastructure Landscape” explores how structured partnerships can unlock capital and expertise for grid expansion and renewable projects.

In Conversation with State Visionaries, featuring energy leaders from Lagos, Enugu, and Oyo on how state-led reforms can complement federal frameworks.

Nigeria’s Electricity Act, Progress, Milestones and Next Steps: Reviewing the achievements since the Act’s passage, including the establishment of the Nigerian Independent System Operator.

Day two will focus on capital mobilisation, with sessions like “Energy Investment Ignited” and “Mission 300” featuring financiers and development banks discussing project structuring and risk management.

By the final day, discussions will shift to gas and clean energy, including sessions on energy efficiency, pipeline infrastructure, and clean cooking, highlighting the need for inclusive energy access beyond electricity.

Major sponsors include Skipper, Genesis, Eauxwell, GIZ, and Sentry, reflecting growing private sector confidence in Nigeria’s power reform agenda.

Nigeria Energy 2025 is where policy, innovation, and investment converge, Yesufu said. Every conversation here is anchored on one goal: to turn ideas into projects and projects into progress.

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