President Bola Tinubu has said it’s a shame that Nigeria generates 4.5GW of electricity despite the size of the country.
Tinubu, who spoke while inaugurating a 31-member Presidential Economic Coordination Council at the Council Chamber, Presidential Villa Abuja yesterday.
He stressed on the need for innovative solutions to the country’s economic challenges.
According to Tinubu: ‘’We have the challenge of energy security in Nigeria. We need to work together to improve our oil and gas sector, and we must also increase electricity generation and distribution throughout the country.
“We are determined to do that with your cooperation, collaboration, and recommendations. As a nation, it is so shameful that we are still generating 4.5GW of electricity.
‘’We must increase our oil production to two (2) million barrels per day within the next few months and we are determined to remove all entry barriers to investments in the energy sector while enhancing competitiveness.”
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