- He warned Nigerians not to expect a quick fix and “magical response” to the nation’s electricity challenges.
President Bola Ahmed Tinubu has stated that addressing Nigeria’s perennial electricity challenges will be painstaking and difficult.
He warned Nigerians not to expect a quick fix and “magical response” to the nation’s power challenges.
Speaking during the visit of German President, Frank-Walter Steinmeier, Tinubu disclosed that the existing power infrastructure has been on the ground for decades.
He stated that his administration has put in place reforms aimed at fostering a business-friendly environment and attracting foreign investment in the country.
Nigeria recorded another national grid collapse on Wednesday, the 12th so far I’m 2024.
President Tinubu warned that even though Siemens Energy is “working very hard” to fulfil its part of the partnership, Nigerians should not expect a “magical response” due to the state of existing power infrastructure.
He said, “Nigeria, being a nation in a hurry, wants a magical response. But don’t forget, those transmission lines are about 50 to 60 years old.
“The snags are what we are trying to improve and reduce the possibility of problems. We are doing that. I’ve signed a reform that decentralised the power distribution and generation in the country. The states and various subsectors and subnational can generate their power and distribute it; they are working on it all.
“We have German businesses who are promoting alternative sources of energy, and they are here. We have the sun; they have the technology. I think we can utilise that for rural electrification; as mentioned earlier on, we can use the various dams that are not effective. We assure you that we will put these dams to use for the benefit of our people.”
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