The inauguration of the new President of the Federal Republic, Bola Ahmed Asiwaju Tinubu, provides a significant opportunity for Nigeria to quickly tackle some of the nation’s most significant and pressing challenges.
The PPI has been designed to help connect, stabilize, and expand the nation’s electricity grid, but also increase government income, create jobs, diversify the economy, and jumpstart the country’s regeneration. This collaborative mega project will facilitate the transfer of knowledge, technical capacity building, and the deployment of advanced energy solutions in Nigeria.
The implementation of the PPI will facilitate training and job opportunities, in addition to the young professionals in the power sector that are already being trained on power simulation systems.While energy generation and stabilizing our grid is a high priority for the country, we need to also keep renewable energy initiatives and decarbonizing our energy systems as equal priority.
Ultimately, nearly 60% of Nigeria’s energy demand in 2050 can be met with renewable energy sources, saving 40% in natural gas and 65% in oil needs at the same time, according to the [InternationalRenewable Energy Agency .