• Thursday, May 02, 2024
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BusinessDay

Mini grid, solar tech to rescue Nigeria’s electricity collapse

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Experts at the ongoing BusinessDay CEO Forum has noted that the electricity challenges Nigeria is currently facing can be addressed by a solar panel revolution and mini grid investments.

During a panel session, Wiebe Boer, Managing Director of All On stated Nigeria’s power sector was the worst in the world and solutions needed to be proffered as soon as possible as it has constituted a national embarrassment to the country.

He also noted that Nigeria has a 175,000 MW power gap and in a few months and years, solar home systems, mini grids will be the trend in Nigeria.

” No sector in Nigeria can really be disrupted unless we fix power and the disruption coming to the power sector will be the biggest we have ever seen. Off grid power systems will even put some Discos out of business.

“Power grids and solar panel makers are the ones who will be the next revolutions, buy in on that,” Boer said.