AfDB president ashamed of Nigeria’s 4,500MW power generation

Akinwumi Adesina, president of the African Development Bank (AfDB), says it is unacceptable for Nigeria to be delivering 4,500 megawatts of electricity.

Speaking on the sidelines of the Africa Investment Forum ongoing in Sandton, South Africa, the former minister of agriculture says he is ashamed of the country’s power generation.

“I don’t think its acceptable that Nigeria is hovering in 4,500 megawatts space. No. Nigeria ought to be in 40,000 megawatts space. That is what we should be talking about.”

He said the African Development Bank has invested over $200m in driving power generation and transmission in Nigeria. “I think that we as a bank are strongly supportive, we’ve been investing in Nigeria for quite some time, we have been working with the minister of power right now,” Adesina said.

Source: The Cable

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