Nigeria aims for 30 gigawatts of electricity by 2030

Nigeria targets 30 gigawatts of electricity by 2030

Nigeria plans to have 30 gigawatts of electricity by 2030 from multiple sources, with at least 30% contribution coming from renewables according to Energy Minister Abubakar Aliyu.

Speaking at the 9th Nigeria Energy Expo and Conference in Lagos on Tuesday, September 20, Aliyu, who was represented by the Ministry’s Permanent Secretary, Temitope Fashedemi, added that the country is also planning to reach a commission net zero by 2060 thanks to the recently -launched transition plan.

According to him, energy remains essential for human existence and socio-economic development, because access to energy, especially electricity, improves the standard of living of citizens, hence his taking account in the measurement of the human development index.

The Minister tells the event;

“allows us to share our knowledge with international energy experts, with a view to developing solutions and even forging partnerships that seek to resolve the various issues and challenges that prevent us from achieving our desired goals in the energy sector. energy.”

“We are all aware that Nigeria’s aspiration for economic development requires more energy capacity than we currently have. Our current unmet energy needs are enormous and are sure to increase due to urbanization and population expansion. This clearly shows that access to energy is essential to advancing our country’s development agenda.

“I strongly believe that the key to achieving this is through collaboration, as our energy policies clearly show. The much-needed finance for delivering energy access belongs to the private sector and the task of living in finance through the right policies, incentives and creating an enabling investment environment is what undertakes the current administration headed by President Muhammadu Buhari. to achieve,” he added.

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