By Obas Esiedesa, Abuja
The Federal Government,yesterday, said it expects the renewable energy sector to contribute about 9,000 Megawatts of power supply to the country by year 2030 as part of the general vision to end energy poverty in Nigeria.
The Minister of Power, Chief Adebayo Adelabu, who disclosed this in Abuja at the opening of a summit on accelerated scale up of renewable and distributed energy resources in Nigeria organized by the Nigerian Electricity Regulatory Commission, NERC, said the government was determined to ensure the provision of affordable and reliable power supply to industries and other institutions.
He said It is disheartening that for decades, Nigerians have been grappling with the challenges of unreliable grid supply with frequent power outages and load shedding severely impacting businesses, industries, and households.
The lack of grid reliability has hampered economic productivity and deters foreign investment thereby exacerbating unemployment and economic stagnation. We are determined to end that!