Nigeria is setting ambitious energy goals with a commitment to achieving universal energy access by 2060 and a short-term target of 30GW of grid energy supply by 2030. This announcement was made by the Minister of Power, Adebayo Adelabu, in a statement released on Thursday via the Ministry’s media platform.
Adelabu revealed these targets during the China-Nigeria Economic Cooperation and Trade Conference held in Beijing, China. He stated, “Our Vision 30:30:30 aims to deliver 30GW of grid energy with a 30 percent renewable energy mix by 2030. This is part of our broader goal to achieve universal energy access by 2060.”
The minister highlighted that these targets open the door for increased collaboration between the Chinese investment community and Nigeria, aiming to enhance the adoption of cleaner and more sustainable energy solutions.
“To reach these objectives, the Federal Government of Nigeria is employing a multi-faceted approach to address challenges across the Nigeria Electricity Supply Industry value chain and set the sector on a trajectory of recovery and growth,” Adelabu added.
He outlined several strategies for achieving these goals, including streamlining legislative and policy frameworks, attracting public and private investments, embracing technological innovations, and building strategic partnerships.
Adelabu concluded, “This Nigeria-China Economic Forum is a valuable platform for reinforcing our existing collaborations and exploring new opportunities for mutual growth.”
