The Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has reiterated Nigeria’s determination to attract investment into its electricity sector.
During an exclusive dinner in Dar es Salaam, Tanzania, on Sunday evening, ahead of the Mission 300 African Energy Summit, Edun addressed a group of investors and development partners, emphasising Nigeria’s readiness for energy investment.
“Nigeria is open for investment in the electricity sector,” Edun stated, highlighting the government’s focus on macroeconomic stability, clean energy goals, and universal energy access. He outlined ongoing reforms to create a favourable environment for investors, ensuring the long-term sustainability and profitability of the power sector.
Edun explained that the Mission 300 initiative, a pan-African drive to provide energy access to 300 million people by 2030, aligns with Nigeria’s ambitious electrification plans. The government is actively working to modernise infrastructure, simplify regulatory frameworks, and foster stronger public-private partnerships to accelerate progress.
In addition, he assured stakeholders of the government’s commitment to energy access and the just transition to clean energy, stressing that these efforts are key to unlocking the sector’s potential.
President Bola Tinubu is also participating in the African Energy Summit, further demonstrating Nigeria’s dedication to achieving energy access and transitioning to clean energy solutions.
