September 9, 2015 IBOMLLC Team

Nigeria Turning To Green Energy To Increase Power Supply

Innov8tiv – Blacks In Technology in USA, UK, Caribbean Islands & Africa

Nigeria is Africa’s biggest economy, and with such title lays an immense amount of industrial activities, ranging from manufacturing, processing, service and lately e-commerce activities. Energy forms the backbone on which all these economic activities are run; factories need power to run, e-commerce platform needs user on powered devices to run and so forth.

Energy supply in the country is still far from satisfactory, despite Nigeria being one of the biggest oil producers on the continent. Although the government has done a commendable job in meeting the energy demand, there is still a lot more room for improvement.

The President Buhari-led Nigeria government has taken a fresh new approach to addressing the country’s energy demand. Nigeria is now turning to clean and renewable sources of energy to grow extra energy supply capacity.

All these were revealed by Permanent Secretary, Power, Dr. Godknows Igali during the signing of a Memorandum of Understanding (MoU) with two local investors, Messrs. New Horizons Energy Resources and Messrs. Quaint Global Energy Solutions. The agreement will take the government and the two local investors into exploring the renewable sources of energy projects such as …read more

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