Nebo sug­gests adop­tion of so­lar en­ergy by Africa Nigeria gets 1.3tr rev­enue from tourism

Daily Trust - - NEWS - By Si­mon Echewo­fun Sun­day By Mustapha Suleiman

The Min­is­ter of Power, Pro­fes­sor Chinedu Nebo, has ad­vised that African coun­tries should adopt the use of so­lar en­ergy as their ma­jor source of power gen­er­a­tion.

Nebo made the call at the Min­is­te­rial Con­sul­ta­tion on En­ergy in Africa at the on­go­ing African Union and Min­is­ters of Econ­omy and Fi­nance Sum­mit in Abuja, on Fri­day.

He said Africa has huge de­posits of min­eral re­sources such as gas, wind, coal, among oth­ers, for en­ergy de­vel­op­ment, adding that so­lar en­ergy, which is also in abun­dance in the re­gion, should not be ne­glected.

He said: “So­lar power can give us 10 times or more to the other re­sources we al­ready have. I don’t be­lieve that so­lar gen­er­ated en­ergy is too ex­pen­sive. In the next cou­ple of years, it will get par­ity with gas and coal. The only prob­lem is with stor­age. But the flood of so­lar in the re­gion can­not be stopped.”

Mr Adama Deen, Head of In­fra­struc­ture, New Part­ner­ship for Africa’s De­vel­op­ment (NEPAD) said 80 to 90 per­cent of power sup­ply for in­dus­trial pur­pose may be prob­lem­atic to achieve.

He said that NEPAD has in its project tar­geted 60 per­cent en­ergy sup­ply on the con­ti­nent by 2040, call­ing for ca­pac­ity build­ing.

Mr Joseph Habineza, Rwan­dan High Com­mis­sioner in Nigeria, said gov­ern­ments needed pri­vate sec­tor in­volve­ment to fi­nance power projects.

Min­is­ter of Fi­nance, Dr Ngozi Okonjo -Iweala, called for spe­cific skills to en­sure that Africa ben­e­fited from the projects. Sta­tis­tics on Nigeria, based on the lat­est World Travel and Tourism Coun­cil’s an­nual data base, val­ued the tourism in­dus­try’s con­tri­bu­tion to GDP at ap­prox­i­mately N 1.3 tril­lion.

Ac­cord­ing to the data, the in­dus­try ac­counted for 3% of to­tal GDP, with a 2.6%, and cre­ated a to­tal of 1,636,500 jobs.

This in­for­ma­tion was con­tained in a key­note ad­dress de­liv­ered by the Di­rec­tor Gen­eral of Nige­rian Tourism De­vel­op­ment Cor­po­ra­tions (NTDC) Mrs. Sally Mbane­for at the Na­tional As­so­ci­a­tion of Nigeria Travel Agencies (NANTA) con­fer­ence held in Abuja.

She said that GDP and em­ploy­ment fac­tors are ex­pected to grow at an an­nual rate of 6.8% and 4.3% re­spec­tively.

She said that the do­mes­tic tourism mar­ket has very high rev­enue and job cre­ation po­ten­tials, urg­ing Nige­ri­ans to em­brace it.

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