Finance

Nigeria’s Electricity Sector Open For Investment -Edun

By Sunday Etuka, Abuja

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has declared that the nation’s electricity sector is open for investment.

Mr. Edun made the declaration while addressing selected investors and development partners at an exclusive dinner in Dar es Salaam, Tanzania.

Speaking ahead of the Africa Heads of State Energy Summit, the Minister highlighted Nigeria’s electricity sector as a prime opportunity for investment, emphasizing the nation’s commitment to macroeconomic stability, clean energy goals, and achieving universal energy access under the “Mission 300” initiative.

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The Director, Information and Public Relations of the Ministry, Mohammed Manga, in a statement on Monday quoted Edun to have informed that President Bola Tinubu would participate in the Summit to drive collaborative efforts on energy access and Africa’s clean energy transition.

He said with President Tinubu set to participate in the Summit, Nigeria’s commitment to achieving universal energy access and a clean energy transition is clear, adding that country’s electricity sector is thus poised for transformative growth, and investors are invited to be a part of the exciting journey.

 

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