‘Planned 20,000 Mw of power is inadequate’

The Federal Government’s 20,000 megawatts (Mw) of electricity target is too small for the country, Green Elec Chief Executive Officer,  Mr. Marcel Hochet, has  said. He said the government should rather focus on achieving 40,000Mw to meet its energy need. Green Elec is a solar energy solution firm with offices in Nigeria and Fran

In an interview in Lagos, he urged the government to address the problems in the sector. He said gas, hydro and renewable energy are the most feasible sources of power generation, asking the government to leverage them for growth.

According to him, poor infrastructure had hindered past administrations’ plan to provide regular power supply. He added that the government should solve the problems in the sector to encourage growth.

Hochet said: “The country’s population is growing at a geometrical progression of 3,6, 10 and 14. By this, the population is growing faster than the available resources in Nigeria. Because of this problem, the government needs to harness potential in the country to stabilise power supply.”