The Minister of Power, Adebayo Adelabu, has said that power sector reforms have attracted over two billion dollars fresh investments into the industry.
He said this in Abuja on Thursday during the commissioning of the new headquarters of the Nigeria Electricity Liability Management Company.
The minister said that the sweeping reforms and measurable progress in the sector were achieved under the Renewed Hope Agenda of President Bola Tinubu.
Adelabu, described the ongoing changes as deliberate steps to build a possible and investor-friendly electricity market and that there is an additional 500 million dollars World Bank facility, with ownership processes already underway to deliver millions of meters nationwide.