- FGN policy to add 30,000MW of electricity by the year 2030.
- Renewable energy would contribute 30 per cent of the energy mix to the policy.
The Federal Government of Nigeria (FGN) has developed a National Renewable Energy and Energy Efficiency Policy with accompanying Vision 30:30:30 to add 30,000MW of electricity by 2030.
The Minister of Power, Mr Abubakar Aliyu, said this in Abuja at the 5th National Council on Power (NACOP) with the theme” Sustaining and Improving Electricity Supply through the Power Sector Value Chain for Socio-Economic”.
Aliyu said that renewable energy would contribute 30 per cent of the energy mix to the policy. He also stated that renewable energy was taking centre stage in the ongoing reforms in the power sector, as is visible from the ongoing and completed projects in the Zungeru Hydroelectricity Power Project, which is at 97 per cent completion.
The Zungeru Hydroelectricity Power Project is expected to provide 700 Megawatts to the national grid, Kashimbila Hydroelectricity Project will provide 40 Megawatts to the grid, and the Dadin-kowa dam is also providing 40 Megawatts to the national grid, among others.
According to him, the power sector is undergoing various reforms aimed at improving the sector, adding that the government is presently investing in power infrastructures.
He said these investments were predominantly in the Transmission Company of Nigeria (TCN) through various interventions.
The minister said that the projects were funded by International Organisations like the World Bank, the African Development Bank and a host of others to strengthen the national grid.