How can Nigeria’s endemic power problem be resolved? By increased investment in renewable forex market leaders definition, gas pipelines, forex market manipulation crime plants and transmission network, among others, says Green Elec President Marcel Hochet, in this interview with AKINOLA AJIBADE. He also speaks on the plans by five states to build solar-powered mini-grids.
How can Nigeria tackle the perennial problems of shortage of gas and poor power supply? To address the problems, stakeholders including the Federal Government must try and invest in key infrastructure such as gas pipelines, equipment used in the distribution, generation and transmission of electricity, and other facilities. The national grid is old, a development, which has resulted in the incessant collapse of the grid and inability of some parts of the country to get light. Successive administrations have spent a lot of money on the sector. Former Presidents Olusegun Obasanjo, Umaru Musa Yar’Adua and Goodluck Jonathan have launched many projects in areas such as power generation, distribution and transmission.