‘Nigeria’s power sector has potential for continued growth’

Jaan Van valkenburgh is the Content Director, Informa Industrial Group. In this interview with TAYO OREDOLA, she spoke on the state of Nigeria’s power industry, the Power Nigeria Conference, among other issues. Van valkenburgh

ago. However, the sector has made incredible steps in the last 24 months. For one, financing has been acquired. Two, off-grid solutions are proving viable power solutions. At Power Nigeria, we’ll talk about all these developments and what it means for Nigerians. others. Key exhibitors include Skipper, Elswedey Electric, Lucy Electric and Schneider Electric.

It really is an empowering event, for those of us in the industry, as well as those requiring more reliable electricity. Investment is high and has the potential to continue to grow. When the Federal Minister of Power, Works and Housing, Babatunde Fashola, spoke at Power Nigeria, he called the nation’s power sector an amazing investment opportunity. It’s possible not everyone believed him then, but they do now. Most recently, the World Bank provided $350m in funding to Nigeria’s Rural Electrification Agency’s (REA) efforts to spread off-grid and mini-grid energy systems throughout rural Nigeria. And we’re excited to hear what the Nigerian head of the African Development Bank will say during his remarks at our Power Nigeria conference on Tuesday the 25th of September. Traditionally, Power Nigeria focused more on the sector’s technology and development (T&D) side, as we saw that was where our event could make the greatest difference. However, Power Nigeria continues to reflect what is happening in the marketplace, and the market’s growing interest in offgrid and mini-grid solutions is certainly reflected in this year’s Power Nigeria, meaning we will spend a great deal of time also on generation solutions this year.