Nigeria: energy sector growth faces multitude of challenges – WEF - News Summed Up

Nigeria: energy sector growth faces multitude of challenges – WEF


The biggest challenges facing Nigeria in scaling its energy sector include complications with currency convertibility and financing structures. The gathering in Abuja this week was convened by the World Economic Forum (WEF) and the Renewable Energy & Energy Efficiency Associations (REEEA-A). “When we talk about energy access, we refer to people’s ability to access modern energy services, including electricity, clean cooking facilities, and modern fuels. Solar, mini-grids and off-grid technology could help address energy sector challenges in NigeriaThe Nigerian government has set a goal to achieve universal energy access by 2030. “The global renewable energy sector is massive and growing at a fast pace.


Source: The North Africa Journal May 10, 2023 08:42 UTC



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