Energy
Nigeria faces significant electricity supply challenges stifling industrial growth, limiting commercial ventures’ expansion and profitability, and the well-being of people. Presently, the primary energy sources are gas and hydroelectricity. In the face of the current low level of diversification, Collins Okeke, in this report, makes a case for investments in Nigeria’s renewable energy
It is estimated that about 92 million of the over 200 million people that make up the entire population of Nigeria have no access to electricity. Where access to electricity is available, a full day of uninterrupted supply is not guaranteed. Despite abundant natural energy sources, Nigeria faces significant electricity supply challenges stifling industrial growth, limiting commercial ventures’ expansion and profitability, and the well-being of people. Presently, the primary energy sources are gas and hydroelectricity. Although the country is diversifying to renewables, progress is extremely slow. This article makes a case for investments in Nigeria’s renewable energy.
