Stakeholders must drive investment to bridge Nigeria’s 195,400 MW energy deficits — Abdul

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 61 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 94%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

The Latest news in Nigeria and world news. The Guardian Nigeria Newspaper brings you the latest headlines, opinions, political news, business reports and international news.

For Nigerians to enjoy constant electricity supply, there is need for more investments in the sector that will culminate in the country being able to generate 200,000 MegaWatts . This implies Nigeria needs additional 195,400 megawatts to meet its electricity...

The Group Managing Director, Mojec International Limited, Chantelle Abdul, who disclosed this at the yearly strategic international conference of the Association of Energy Correspondents of Nigeria , in Lagos, said that low energy generation is responsible for frequent blackouts being experienced in the country.

She said that Nigeria, which is Africa’s most populous country with over 200 million people, faces surging electricity demand owing to rapid urbanisation and industrialisation. Currently, Egbin has the highest capacity as a gas plant to produce 1.39GW , and Kainji Jebba Power Plc has the highest capacity as a Hydro plant to produce 1.33GW . Abdul said that solar plants could be introduced to the state governments to serve as a means to generate electricity for their various regions.For Nigerians to enjoy constant electricity supply, there is need for more investments in the sector that will culminate in the country being able to generate 200,000 MegaWatts .

The acting Comptroller-General of Customs, Bashir Adewale Adeniyi, has received a delegation of military officers from Zambia, Lesotho and Zimbabwe to strengthen collaboration in the quest for border security.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines