TRIBUNE
The World Bank has said that about 85 million Nigerians lack access to electricity with many businesses and households not connected to the national grid.
This was disclosed on Thursday by the Managing Director of Operations, World Bank Group, Anna Bjerde at the Abuja Roundtable for Economic Transformation in West and Central Africa, which was co-chaired by Mr. Wale Edun, Minister of Finance and Coordinating Minister for the Economy and Chair of the African Governors Forum of the World Bank; and Ousmane Diagana, Vice President Western and Central Africa, the World Bank.
Bjerde, while speaking on ‘Accelerating Recovery, Crisis Management, and Economic Transformation in West and Central Africa’, stated, “Take Nigeria, our host for example, where 85 million people still lack access to electricity, but whereas our level of ambition is proportional to the size of challenge. Together with the government, we are currently expanding access to over 70 million unsaved and underserved Nigerians to redistribute renewable energy solutions.
“We estimate that with about $30 billion in IDA support through 2030, that is about $5 billion a year, the world bank group could facilitate access to 300 million people by the end of the decade across Africa, including 100 million in Western and Central Africa”.
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