The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has declared Nigeria’s electricity sector open for investment.
The Director Information and Public Relations in the ministry, Mohammed Manga, said in a press release Monday that the minister made the declaration while addressing selected investors and development partners at an exclusive dinner held at the African Energy Summit in Dar es Salaam, Tanzania.
At the event held ahead of the Africa Heads of State Energy Summit, Edun highlighted Nigeria’s electricity sector as a prime opportunity for investment, emphasising the nation’s commitment to macroeconomic stability, clean energy goals, and achieving universal energy access under the “Mission 300” initiative.
He informed that President Bola Ahmed Tinubu will participate in the summit to drive collaborative efforts on energy access and Africa’s clean energy transition.
Manga explained that with President Tinubu set to participate in the summit, Nigeria’s commitment to achieving universal energy access and a clean energy transition is clear.
“The country’s electricity sector is thus poised for transformative growth, and investors are invited to be a part of this exciting journey,” he said.
