The Federal Government says more than ₦10 trillion has been invested in Nigeria’s electricity sector since its privatisation in 2013, but persistent power shortages and infrastructure challenges continue to undermine efforts to provide reliable electricity.

The Managing Director of FGN Power Company Limited, Kenny Anuwe, disclosed the figure on Thursday at the sixth annual conference of the Power Correspondents Association of Nigeria (PCAN) in Abuja.

He said government interventions had helped keep the electricity industry operating but argued that public funding alone could not deliver the level of investment required to address the sector’s problems.

Anuwe called for increased private sector participation, simpler investment arrangements and more predictable regulations to attract capital into electricity generation, transmission and distribution.

“Government has invested over N10tn in the electricity sector since the advent of privatisation. But is it enough? How much money is enough?” he said, arguing that the industry would have struggled to survive without government support.

The disclosure has renewed questions about how public funds have been deployed since the 2013 privatisation of the power sector, why successive interventions have failed to guarantee stable electricity and what further reforms are needed.