Close Menu
  • Home
  • About
  • Contact
  • Articles
  • News
  • Events
  • Tech
  • Start Up
  • Spotlight
  • Marketing
  • Strategy
  • Management
  • Profitability
  • Interviews
  • Leadership
  • Entrepreneurship

Subscribe to Updates

Get the latest business news, articles, tips and interviews to develop your business IQ!

What's Hot

How Nigerian Firms Turned N2.5 Trillion in Losses to Gains in 180 Day

August 4, 2025

NSIA & Cascador Bet $45,000 on Nigeria’s Agri-Tech, Health & Energy Innovators

August 4, 2025

From Policy to Practice: Insurance/Pension Editors Target Sector Revamp

August 4, 2025
Facebook X (Twitter) Instagram YouTube LinkedIn TikTok
  • Home
  • About
  • Articles

    How Nigerian Firms Turned N2.5 Trillion in Losses to Gains in 180 Day

    August 4, 2025

    NSIA & Cascador Bet $45,000 on Nigeria’s Agri-Tech, Health & Energy Innovators

    August 4, 2025

    From Policy to Practice: Insurance/Pension Editors Target Sector Revamp

    August 4, 2025

    Beyond Crude: How Nigeria Can Monetize Its 209TCF Gas Reserves

    August 4, 2025

    No Drama, Just Process: NNPC Confirms Ojulari’s Voluntary Exit

    August 4, 2025
  • Contact
    • Login
Facebook X (Twitter) Instagram YouTube TikTok LinkedIn
naijapreneur™
MINE fest 2025
  • News

    How Nigerian Firms Turned N2.5 Trillion in Losses to Gains in 180 Day

    August 4, 2025

    NSIA & Cascador Bet $45,000 on Nigeria’s Agri-Tech, Health & Energy Innovators

    August 4, 2025

    From Policy to Practice: Insurance/Pension Editors Target Sector Revamp

    August 4, 2025

    Beyond Crude: How Nigeria Can Monetize Its 209TCF Gas Reserves

    August 4, 2025

    No Drama, Just Process: NNPC Confirms Ojulari’s Voluntary Exit

    August 4, 2025
  • Events

    August 2025 Nigeria Business Events Roundup

    August 1, 2025

    July 2025 Nigeria Business Events Roundup

    July 1, 2025

    June 2025 Nigeria Business Events Roundup

    June 1, 2025

    MINE Fest 2025 to Host Stakeholders Engagement & Press Conference Ahead of Landmark Event

    May 19, 2025

    Founder Institute Lagos Presents: Angels & Demons – Surefire Tips for Raising Your First Angel Round

    May 3, 2025
  • Entrepreneurship
    1. Spotlight
    2. View All

    Meet the Real Estate Developer Re-imagining How BIG, People Live. – Adeyemi Ademola

    July 15, 2025

    Serial Entrepreneur Attah’ebwa Anzaku on Overcoming Struggles and Building Timeless Brands.

    March 15, 2025

    Ebun Feludu: From Kitchen to Coconut Industry Tycoon

    November 5, 2024

    20 Nigerian Brands with Global Ambition

    September 16, 2024

    Startup Backstory: Meet The Real Man Who Saved Apple From Bankruptcy (Not Steve Jobs)

    July 8, 2025

    Stripe Backstory: How Stripe’s CEO Built a $95B Fintech Giant—Without Studying Finance

    July 8, 2025

    How to Break Free From Business Failures

    July 3, 2025

    From Lagos to a $1 Billion Solution: How a Nigerian Immigrant Exposed America’s Biggest Financial Blind Spot

    June 27, 2025
  • Marketing
    1. e-Marketing
    2. View All

    A Christmas GIFT For Entrepreneurs!

    December 17, 2013

    Free Website CONTENT Review: Does your website SPEAK the language of your TARGET customers?

    September 30, 2013

    e-Commerce FAQs: 8 Frequently Asked Questions About Selling Online

    July 15, 2013

    CASE STUDY: How I Made Close To 1Million In Sales Within 3 Months Of Selling Online!

    May 13, 2013

    ROI in a Ribbon: Culture, Connection, and Corporate Gifting Rooted in Respect

    July 3, 2025

    Using Customer Data and Insight to Fuel Business Success

    May 22, 2025

    The Conversational AI Marketing Showdown: The Future of Marketing or Just Smart Hype? Balancing Innovation with Tradition.

    March 11, 2025

    From Jollof Rice to Joyful Sales: How to Captivate Nigerian Customers This Christmas

    November 20, 2024
  • Start Up
    1. Tech
    2. View All

    Elon Musk Declares War on Every AI Company: How xAI’s Acquisition of X Could Change the Future of AI

    March 31, 2025

    Nwoke: How Technology Can Restore Market Pricing Integrity for Small Businesses.

    March 14, 2025

    Ai Adoption In Nigeria: Legal Considerations For Nigerian Businesses

    February 6, 2025

    Harnessing Digitisation To Enhance Trade In Africa- A Review Of The African Continental Free Trade Area Protocol On Digital Trade

    February 6, 2025

    Securing The Bag: Founders’ Tips to Securing Grants and Investments (Part 2)

    May 27, 2025

    Don’t Hate the Game. Learn the Map.

    May 20, 2025

    Securing the Bag: Founders’ Tips for Getting Grants and Investments (Part 1)

    February 21, 2025

    Setting Up a Cryptocurrency Company in Nigeria

    February 6, 2025
  • Management
    1. Finance
    2. Legal
    3. Profitability
    4. View All

    What are the biggest financial red flags you look for in a startup?

    June 27, 2025

    Tinubu Signs Landmark Tax Reform Bills into Law: What It Means for Nigerians and Businesses

    June 27, 2025

    Banking And Finance In Nigeria: The Regulatory Framework At A Glance

    April 29, 2025

    Compliance in Nigeria: Data Protection Directives for Businesses

    April 10, 2025

    Intellectual Property Protection in Nigeria’s Agricultural Sector

    April 9, 2025

    5 Strategies for Reinvesting Profits to Grow Your Business

    March 20, 2015

    The MOST IMPORTANT Word In Business

    March 31, 2014

    5 Ways To Reduce Inventory Costs And Boost Profitability

    February 21, 2014

    How To Save Your Business From Self-Inflicted Financial CRISIS!

    June 17, 2013

    How to Hire A-List Employees Like Mark Zuckerberg

    July 5, 2025

    Your 9–5 Job Will Be Extinct by 2030 — Here’s How to Survive

    June 17, 2025

    Compliance in Nigeria: Data Protection Directives for Businesses

    April 10, 2025

    The Science Behind Recruitment

    September 24, 2024
  • Strategy

    How to Stay Competitive in the Digital Era

    March 25, 2025

    Nigeria Cement Market Review 2019-2024 and Forecasts 2025-2029.

    March 14, 2025

    Eight prudent ways to invest your 13th-month pay

    January 6, 2025

    Catching Them Young: A CSR Guide for Brands Building Lifelong Connections with Youth

    October 28, 2024

    The SHOW UP Strategy: How to Attract Paying Clients in Tough Economic Times

    October 15, 2024
  • Leadership

    How Patrick Doyle Transformed Domino’s Pizza: From a $3 Stock to $500

    June 20, 2025

    LEADERSHIP CHECKLIST: 4 Critical Things Every Leader Needs To Do For Their Team

    November 25, 2013

    Business Mastery: The Unusual Qualities Of Highly Successful Entrepreneurs

    October 31, 2011

    The Golden Rule Of Business

    July 18, 2011

    EAGLE EYE LEADERSHIP: the Principle of Focus and Priority

    November 15, 2010
  • Interviews

    Meet the Real Estate Developer Re-imagining How BIG, People Live. – Adeyemi Ademola

    July 15, 2025

    Nwoke: How Technology Can Restore Market Pricing Integrity for Small Businesses.

    March 14, 2025

    Unusual Entrepreneur Interview with Connor Gillivan of eCommetize.com

    June 13, 2016

    Unusual Entrepreneur Interview with Michael Fratkin of ResolutionCare.com

    August 3, 2015

    Unusual Entrepreneur Interview with Walter Emiedafe of SapientVendors.com.ng

    June 1, 2015
naijapreneur™
Home»News»Nigeria Requires 100,000MW to Sustain Economic Progress – Barth Nnaji
News

Nigeria Requires 100,000MW to Sustain Economic Progress – Barth Nnaji

Gift IfeanyiBy Gift IfeanyiMay 16, 202503 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email Telegram WhatsApp
Follow Us
Facebook X (Twitter) Instagram YouTube LinkedIn TikTok
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link WhatsApp

Barth Nnaji, former Minister of Power and Chairman of Geometric Power Limited, has emphasized that Nigeria needs to generate and deliver at least 100,000 megawatts (MW) of electricity to meet the nation’s industrial and population-driven energy demands.

In a recent appearance on Arise TV’s Morning Show, Nnaji described Nigeria’s current electricity generation and transmission capabilities as critically inadequate. He warned that the country cannot achieve lasting economic growth or reliable energy access for its over 200 million people without a dramatic scale-up in power infrastructure.

“At present, our transmission systems are incapable of distributing the volume of electricity the country needs. We must ensure that 100,000MW of power is not only installed but actively delivered and available across the country,” he stressed.

Demo

He pointed out that Nigeria’s grid struggles with less than 5,000MW of available electricity, despite having an installed capacity of around 13,000MW. In comparison, countries like South Africa, Brazil, and India are far ahead, with capacities exceeding 58,000MW, 180,000MW, and 400,000MW respectively—despite smaller or comparable populations.

Gaps in Execution and Infrastructure

Discussing the Federal Government’s new National Integrated Electricity Policy, Nnaji acknowledged its potential but warned that without decisive execution and proper funding, the policy may fall short of expectations.

“To bring this policy to life, we must scale up electricity generation, overhaul our outdated transmission grid, and introduce tariffs that reflect the true cost of power,” he said.

He criticized the long-standing subsidy structure in the electricity sector, highlighting that it has left the government with a debt burden exceeding ₦4 trillion.

“Electricity must be paid for. It doesn’t come free anywhere in the world. However, it must be priced fairly. When distribution companies can’t recover their operational costs, and the government continues to fill the gap, it becomes unsustainable,” Nnaji warned.

Concerns Over Solar Import Ban

Nnaji also weighed in on the proposed ban on solar panel imports. While he supports the promotion of local manufacturing, he expressed skepticism about whether Nigeria currently has the production capacity to meet local demand.

“It’s commendable to want to produce what we consume, but do we yet have the means to manufacture solar panels at scale? I doubt it,” he stated.

He warned that an abrupt import ban could lead to scarcity and inflated prices, urging a more gradual and supportive approach to fostering local solar panel production.

“This kind of policy might attract investments in local manufacturing, but enforcing it without preparation could backfire,” Nnaji added.

A Balanced Path: Gas and Renewables

Nnaji cautioned against seeing renewable energy as an instant fix to Nigeria’s power woes. Instead, he proposed a more balanced, phased strategy that makes use of Nigeria’s vast natural gas reserves alongside renewable development.

“Renewables will not immediately solve our power problems. For now, our best bet is to tap into our abundant gas resources while steadily expanding solar and other renewable options,” he explained.

He advocated for increased investment in gas-powered plants and urged the government to prioritize gas as a transitional energy source while building out renewable infrastructure.

Urgency for Reform

As Nigeria struggles with persistent electricity shortages that stifle business growth, deter investment, and limit job creation, Nnaji called on the government to act swiftly and strategically.

“Power is the engine of economic growth. Without it, our aspirations for industrialisation and prosperity will remain out of reach,” he concluded.

Share. Facebook Twitter Pinterest LinkedIn Email Copy Link WhatsApp
Previous ArticleNaira Strengthens at Official Market Following Launch of NRBVN by CBN
Next Article Kingsley Adonu Ifeanyi: Enugu Tech Entrepreneur Driving Change in Nigeria’s Telecom Sector
Gift Ifeanyi

Gift Ifeanyi is a passionate and talented young web developer with a flair for storytelling and a keen interest in business and entrepreneurship. She brings a fresh perspective and a tech-savvy approach to delivering daily news and insights on the ever-evolving world of startups, innovation, and business trends. With a commitment to excellence and a drive to inspire the next generation of entrepreneurs, Gift is dedicated to creating engaging and informative content that empowers readers to thrive in the dynamic business landscape.

Related Posts

How Nigerian Firms Turned N2.5 Trillion in Losses to Gains in 180 Day

August 4, 2025

NSIA & Cascador Bet $45,000 on Nigeria’s Agri-Tech, Health & Energy Innovators

August 4, 2025

From Policy to Practice: Insurance/Pension Editors Target Sector Revamp

August 4, 2025
Add A Comment
Leave A Reply Cancel Reply

MINE Fest 2025
Demo
Business Events in Nigeria
Nigeria Business Events Roundup
GITEX Nigeria 2025
Demo
Latest Posts

How Nigerian Firms Turned N2.5 Trillion in Losses to Gains in 180 Day

August 4, 2025

NSIA & Cascador Bet $45,000 on Nigeria’s Agri-Tech, Health & Energy Innovators

August 4, 2025

From Policy to Practice: Insurance/Pension Editors Target Sector Revamp

August 4, 2025

Beyond Crude: How Nigeria Can Monetize Its 209TCF Gas Reserves

August 4, 2025

No Drama, Just Process: NNPC Confirms Ojulari’s Voluntary Exit

August 4, 2025
1 2 3 … 465 Next
Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • Instagram
  • LinkedIn

Subscribe to Updates

Get the latest business news, articles, tips and interviews to develop your business IQ!

Most Trending

10 of Elon Musk’s Friends from PayPal and Their Groundbreaking Startups

August 20, 2024

Inside TAJ Bank’s Second Major Glitch in Two Years: N957m Vanishes

July 26, 2025

Wema Bank Launches MOWA-SARA Accelerator Program to Empower 500,000 Women

October 11, 2024
1 2 3 … 774 Next
Latest Posts

How Nigerian Firms Turned N2.5 Trillion in Losses to Gains in 180 Day

August 4, 2025

NSIA & Cascador Bet $45,000 on Nigeria’s Agri-Tech, Health & Energy Innovators

August 4, 2025

From Policy to Practice: Insurance/Pension Editors Target Sector Revamp

August 4, 2025
1 2 3 … 774 Next

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook X (Twitter) Instagram YouTube LinkedIn TikTok
  • Entrepreneurship
  • Interviews
  • Marketing
  • Start Up
  • Strategy
  • Management
  • Profitability
  • Leadership
© 2025 naijapreneur™. Powered by Differentiate.Online.

Type above and press Enter to search. Press Esc to cancel.