Mkpoikana Udoma
Port Harcourt — Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has declared the country’s electricity sector open for investment, calling it a prime opportunity for global investors.
Speaking at the #Mission300 African Energy Summit in Dar es Salaam, Edun emphasised Nigeria’s commitment to achieving universal energy access, advancing clean energy initiatives, and fostering macroeconomic stability.
“Our electricity sector offers immense investment potential, and we are committed to providing an enabling environment for investors to help us achieve our clean energy goals and ensure energy access for all Nigerians,” Edun stated.
The #Mission300 initiative, which underpins the Summit, focuses on providing sustainable energy solutions for Africa’s 300 million people without electricity.
Edun noted that Nigeria’s electricity sector remain central to realizing this vision, stressing that collaboration with development partners and private investors will accelerate progress.
President Bola Ahmed Tinubu, who also is attending the Summit, is leading efforts to secure partnerships for expanding energy access and driving Africa’s clean energy transition.
The African Energy Summit has brought together leaders, policymakers, and investors to explore innovative energy solutions and tackle Africa’s energy challenges.
