• Saturday, April 20, 2024
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Sahara Group provides 21% of energy to Nigeria – Buhari

2022 Budget speech: Budget of Economic Growth and Sustainability

President Muhammadu Buhari has commended energy conglomerate, Sahara Group, for hitting the landmark celebration of 25 years in business and operating as a foremost energy conglomerate that provides 21 percent of power to Nigerians.

“I am particularly enthused that you provide about 21 percent of power to Nigerians and distribute 15 percent, and going forward, Sahara Group has a vision to investing in gas development for energy, data tech and monetisation, infrastructural development and in bringing energy to life in a responsible and smart way wherever energy is consumed,” the President wrote in a letter addressed to Sahara Group, yesterday.

Sahara Group is a dynamic leader in Africa’s upstream, downstream, midstream, power and infrastructure sectors and employs almost 5,000 employees from different nationalities across Africa, Asia, Europe, and the Middle East.

Read also: Buhari to submit 2022 budget to NASS in September

The company continues to lead the charge towards energy transition, environmental sustainability, energy security, and access to clean energy in Africa. Buoyed by its vision to light up Africa, Sahara operates the largest privately owned power business in sub-Saharan Africa.

In the letter, President Buhari said it gave him profound pleasure to rejoice with Sahara Group, noting that the transition of Sahara from a modest enterprise that began as a trader in petroleum products into a conglomerate was heart-warming. “This is very inspirational to our teeming youths in the country, and an example anywhere,” the President said.

Stressing that Nigeria was proud that Sahara Group came from its loins and expanded beyond Africa into Asia, Europe and the Middle East, President Buhari said it was commendable that Sahara had deployed transformational energy initiatives to become a business with proud African heritage.

“May your dreams come true, Nigeria remains proud of you,” the President stated in the letter he signed.