Sahara Power targets 7,000MW as FG settles N1.5tn legacy debts
Kola Adesina, Group Managing Director of Sahara Power Group, says Nigeria's power sector is positioned for renewed growth through collaboration between government, regulators, and operators. Speaking on the sector's outlook, Adesina highlighted that Federal Government's settlement of legacy debts totaling N1.514 trillion as of March 31, 2025, will drive new investments and stabilise the sector.
Sahara Power—which generates about 20% of Nigeria's electricity—plans to increase dispatched capacity to 6,500-7,000MW within the next three to five years through investments in gas and renewable sources. The company is also launching a data centre to leverage real-time analytics, predictive maintenance, and cybersecurity for better efficiency.
The sector will witness distribution network reforms, deployment of Advanced Metering Infrastructure, and implementation of Customer Relationship Management systems to reduce technical and commercial losses. Over 2.3 million meters have been deployed under the National Mass Metering Programme since 2020.
Sahara Power has serviced 73% of its $600 million loan (₦438 million equivalent), with promising ongoing conversations to clear the remaining balance. Adesina commended President Tinubu's infrastructure plan and recent policy reforms, including exchange rate stability and moderated inflation, for creating predictable planning conditions for investors.
Will these government interventions and Sahara's expansion plans translate to more reliable electricity in your area, or will structural challenges continue to limit progress?