In a major boost to Nigeria’s infrastructure development, the Federal Executive Council (FEC) has approved ₦68.7 billion for critical electricity projects across universities and teaching hospitals nationwide.
Minister of Power, Adebayo Adelabu, announced the approval after the FEC meeting chaired by President Bola Ahmed Tinubu at the State House, Abuja. According to Adelabu, the initiative reflects the government’s commitment to delivering steady power supply to vital sectors such as education and healthcare.
The project, under the Energising Education Programme and managed by the Rural Electrification Agency, covers engineering, procurement, and construction to provide reliable and sustainable electricity to tertiary institutions and teaching hospitals.
Adelabu noted that the lack of stable power has created severe operational challenges for many universities and hospitals, forcing them to rely on expensive local electricity sources. He described the situation as “disturbing” and a direct threat to effective service delivery.
At Property Media Week, we see this as more than a power initiative—it is a catalyst for real estate development within educational and healthcare corridors. Reliable power will raise the value of institutional real estate, boost student housing investments, support hospital expansions, and create ripple effects in surrounding communities.
