Nigeria’s Minister of Power, Works and Housing, Babatunde Fashola, has revealed that about 90 million Nigerians have no access to electricity supply.
At the annual international conference of the Centre for Petroleum, Energy Economics and Law (CPEEL), University of Ibadan, Fashola said: “Africans have trillions of standard cubic feet (SCFs) of natural gas reserves, billions of barrels of crude oil reserves and billions of tonnes of coal.”
“Africa has even greater abundance of renewable energy resources, but unfortunately, of the nearly 1.5 billion people estimated to lack electricity supply the world over, half live in Africa. Nigeria alone is estimated to have over 90 million people living without electricity supply, according to the World Bank,” he added.
He said to make electricity available to all Nigerians, efforts must be focused on developing renewable energy along with conventional power plants.
According to Fashola, renewable energies are the fastest power plants that can be deployed as the technologies required are compatible with what he described as the nation’s decentralized and standalone ideal for local communities.