Prominent US Investments May Help Nigeria Generate 10,000 Megawatts in 5 Years

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In five (5) years, Nigeria may generate 10,000 megawatts (MW) of electricity if the President of the united states President Barack Obama implements the report of the President’s Advisory Council on Doing Business in Africa (PAC-DBIA) before leaving office in January


The PAC-DBIA comprising 15 American private sector leaders with business operations throughout Africa was  appointed by President Obama in 2014 to advise him on how to advance the US-Africa business agenda. It recommended  among others the acceleration of energy infrastructure in Nigeria where the U.S. is expected to  pursue a detailed action plan to achieve 10,000mw of electricity.


Advised by the report that as a result of Nigeria’s enormous potential to be the largest country in the continent in terms of both population and GDP, and because the electricity generation and distribution capacities in Nigeria are among the least developed on the continent, President Obama should focus on Nigeria as the focal point for energy infrastructure on the continent. 


They recommended that U.S and Africa policy makers should collaborate on identifying and facilitating investment in electricity generation, especially for the hard- to finance early stage projects.

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