csrreporters 
The Federal Government has approved N13 billion for right-of-way compensation under the Lagos Industrial Transmission Project and $34 million for the procurement and installation of high-capacity transformers to strengthen Nigeria’s national electricity grid.
Minister of Power, Adebayo Adelabu, announced the approvals after the Federal Executive Council meeting chaired by President Bola Tinubu at the Presidential Villa, Abuja. He said the measures form part of the administration’s renewed effort to modernise the nation’s ageing transmission infrastructure, improve supply reliability, and meet growing electricity demand.
According to him, the N13 billion allocation will compensate property owners and communities affected by transmission line routes under the Lagos Industrial Transmission Project, which is funded through a $238 million loan from the Japan International Cooperation Agency (JICA).
“This project is designed to boost power supply to Lagos’ industrial clusters, which contribute significantly to Nigeria’s manufacturing output,” Adelabu explained. “Stable and dedicated power in these areas will drive economic growth and create more jobs.”
On transformer upgrades, the minister said $34 million, alongside ₦5.2 billion for associated costs, will fund the replacement of obsolete and overloaded units on the grid. The package covers two units of 150MVA 330/132kV transformers.
“These transformers will be strategically deployed to decongest overloaded substations, improve voltage stability, and expand overall transmission capacity,” Adelabu noted.
He described the national grid as an ageing system, much of which has operated for more than 50 years, stressing the need for continuous upgrades and timely replacements to prevent failures.
The minister added that the latest approvals mark a significant step in the Tinubu administration’s power sector reform agenda aimed at eliminating bottlenecks, reducing system collapses, and laying the foundation for sustainable economic growth through improved electricity access