Chinedu Eze
The President of the Lagos Country Club, Seyi Adewunmi, has recognized methods priorities that should be achieved for Nigeria to have sustainable and reasonably priced energy accessible to over 230 million of its inhabitants.
In his welcome deal with through the Business Forum 3.0 organized by the Club on the weekend in Lagos, with the theme: “Energy Costs and Business Survival: Driving Profitability Amidst Nigeria’s Power Crisis.” Adewunmi stated that for Nigeria to develop into industrialized, create jobs for its teaming youths, the nation should remedy the intractable downside of energy provide.
To remedy this downside, Adewunmi identifies these priorities, which embrace the strengthening of electrical energy era.
“This calls for reliable gas supply, adequate infrastructure, diligent maintenance of existing power plants, and investment in a prudent mix of gas-fired, hydroelectric and renewable sources. New capacity is important, but we must equally ensure that the facilities we already have deliver their full potential,” he stated.
He stated Nigeria should resolve the bottlenecks in transmission and distribution, noting that electrical energy generated means little if it can not attain houses and companies effectively.
“Investment in transmission lines, substations, transformers, distribution networks and modern grid management must be accelerated, even as technical and commercial losses are reduced,” he stated.
