An expert, Dr. Onuoha Nnachi, has said Nigeria is the only country with a population of over 200 million people but with a national grid with a capacity of less than 10,000 megawatts (MW).
Dr. Nnachi, a managing partner of Deutsche Partners Holding, said this in an interview with journalists in Abuja ahead of next week’s infrastructure conversation.
He said, “Sometimes the global community wonders how Nigeria survives with over 200 million population depending on less than 10,000MW electricity. There is no country in the world that has over 200m population and generates less than 10,000MW of power.
“The standard of power generation is one million population per 1,000MW for a functional country. Singapore, a country with a population of six million generates over 7,000MW. In Africa, South Africa with 54m people generates 58,000MW.”
Stakeholders will debate post-COVID infrastructure financing at the infrastructure dialogue, he said.
He also stated that Nigeria’s infrastructure deficit is $3 trillion and that the government must address it.
Nnachi said, “This is the foremost event that deals with infrastructure. We create a forum for a dialogue, where stakeholders sit down and compare notes with what is happening in other developed countries across the world. In Nigeria, we are growing under a hard infrastructure deficit.”
Daily Trust
