Sahara Power Group has reaffirmed strong confidence in Nigeria’s power sector outlook, citing recent federal government reforms as a turning point for investor certainty. The Group Managing Director, Kola Adesina, noted that clearer policies and decisive actions under President Bola Tinubu have created a more predictable and investment friendly environment for long term capital in the energy sector.
Sahara Power is Nigeria’s leading power company, accounting for about 19 percent of national electricity generation. Its portfolio includes Egbin Power Plc, the largest thermal plant in sub-Saharan Africa, First Independent Power Limited in the Niger Delta, and Ikeja Electric, the largest private distribution company in the region. The Group has aligned its strategy with government infrastructure priorities and is pursuing gas, renewables, and technology driven expansion.
Adesina highlighted progress on legacy debt resolution, disciplined loan servicing, and improving sector liquidity as key enablers of growth. Sahara Power plans to raise dispatched capacity to 6,500–7,000MW, invest in data driven operations, and support metering and network reforms, positioning Nigeria as a future power hub for Africa.
