President Bola Ahmed Tinubu has emphasized that there is no “magical solution” to Nigeria’s ongoing electricity challenges, attributing the issues to decades-old infrastructure.
During a visit from German President Frank-Walter Steinmeier, he noted that while Siemens Energy is making efforts, improvements will take time due to aging transmission lines.
Tinubu also highlighted reforms aimed at decentralizing power generation and distribution, encouraging foreign investment in alternative energy sources.
He assured that the government is committed to utilizing Nigeria’s resources for rural electrification and enhancing the power sector.