Nigeria needs affordable and sustainable energy resources – Minister

Minister of State for Petroleum Resources Timipre Sylva said Nigeria needs affordable, reliable and sustainable energy resources to eradicate widespread energy poverty and boost economic growth.

He said so during the Nigeria-Africa Summit on Natural Resources and Energy Investment in Abuja.

According to the Minister, energy poverty is still widespread in the world, especially in Africa where millions of people do not have access to electricity or clean cooking fuels.

Citing United Nations data, he said around 760 million people lacked access to electricity globally, with three out of four living in sub-Saharan Africa.

He added that a third of the world’s population (about 2.6 billion people) lacked access to clean cooking fuels, including more than 900 million in sub-Saharan Africa.

He also said that only 48% of the population in sub-Saharan Africa have access to electricity, while only 18% also have access to clean cooking fuels, compared to a global average of 90% and 70% respectively.

The Managing Director of JRB Solar Investment Limited, Mr. Jimoh Badamosi, highlighted the need for partnership between public companies and private organizations in the development of renewable energy to address the energy crisis in Africa.

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