Group seeks new policy, foreign investors in power sector | The Guardian Nigeria Newspaper - Nigeria and World News - News Summed Up

Group seeks new policy, foreign investors in power sector | The Guardian Nigeria Newspaper - Nigeria and World News


“As usual, politicians with sweet tongues are selling their manifestoes, principles and ideologies to us without any corresponding assurance on sustainable power. And if there is anytime for Nigerians to free themselves from the hands of deceitful politicians, it is now,” Mbisiogu said. The group commended the government for the implementation of its renewable energy policy with the connection of about 450 shops at the popular Iponri market in Lagos with solar power. In the alternative, the group came up with another solution of inviting Chinese or capable investors from developed countries to handle the power situation in the country. It premised this on the fact that Nigeria is the largest economy in West Africa; endowed with large oil, gas, hydro and solar resources, and needs nothing less than 180,000 megawatts to have adequate and stable power supply.


Source: The Guardian February 01, 2019 03:11 UTC



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