The CEO of Green Elec has echoed the views of many keen observers in the Nigerian power sector by remarking that the Federal Government‘s 20,000 megawatts (Mw) of electricity target is admirable but still too small for the country’s ever-growing population.
advising that a 40,000Mw should be the primary target, not 20,000 Mw. He urged the government and stakeholders to address the problem of electricity in the country and said gas, hydro and renewable energy are still the most feasible sources of power generation while he also decried the current state of Infrastructure in the sector.
“The country’s population is growing at a geometrical progression of 3,6, 10 and 14. By this, the population is growing faster than the available resources in Nigeria. Because of this problem, the government needs to harness the potential in the country to stabilize power supply.”
“France was able to generate its 65,000 MW by combining different methods of power generation. The same applies to South Africa, which generates 40,000Mw of power for its population of 45 million. But in Nigeria, we are finding it difficult to deliver 10,000Mw. The highest megawatts of electricity so far generated were 5,000 Mw. That was achieved in the first quarter of 2016. Nigeria should follow the footsteps of developed economies to achieve that goal,” he added.
He said though solar and other renewable energy sources generate fewer megawatts of electricity, they help in boosting power supply. He said if the government was desirous of meeting energy needs of its people, it should explore opportunities at its disposal to achieve it.
Great advice from Mr. Hochet, CEO of Green Elec, however, if we had a dollar for everytime someone gave good advice and it fell on deaf ears… well let’s just say we’ll have a whole lot of money by now.