The Federal Government on Tuesday announced plans to diversify the country’s energy supply sources to include renewable energy towards accelerating socio-economic development.
Minister of Science and Technology, Dr. Ogbonnaya Onu, disclosed the plan when he declared open the forum on ‘Scaling-up interconnected mini-grids development in Nigeria’, organised by the United Nations Development Programme (UNDP-GEF) and the Energy Commission of Nigeria, in Abuja.
Onu said that renewable energy will help the nation meet its electricity needs in a functional and sustainable manner, adding that it will also improve the quality of life in the country.
“Nigeria is endowed with substantial energy resources such as coal, crude oil and natural gas; renewables such as hydro, wind, solar, geothermal, waves and tides, as well as biomass.
“The challenge before us, has always been on how to efficiently transform these resources into adequate and reliable energy for national development using our enormous capacity in science, technology, innovation and entrepreneurship”, he said.
The minister explained that since the inception of the present administration in 2015, electronic power generation capacity had increased at an annual rate of about 390 megawatts per year.
He, however, said that while this is commendable, it could not adequately meet the needs of the country’s population and sustain the desired level of economic development.
Onu further observed that Nigeria’s desire to industrialise cannot be realised without adequate power supply.
He stressed that every effort must be made to ensure that homes, offices, factories, schools, hospitals and laboratories in the country have adequate, reliable and affordable electricity supply.
“Renewable energy could meet Nigeria’s energy needs in the area of job creation and improved standard of living in rural areas,” he said.
He added that the development of solar photo-voltaic (Pv) in the country triggered by increase in demand for rural water supply, lighting, health services and micro-enterprise needs to be regulated to stimulate private sector participation.