Speaking on the last day of the Nigeria International Energy Summit (NIES) in Abuja, the Special Adviser to President Bola Tinubu on Energy, Olu Verhejen, said that Nigeria’s macroeconomic difficulties and unreliable power supply have severely impacted the productivity of the commercial and industrial sectors.
“Despite all the interventions and subsidies, over 100 million Nigerians still do not have access to consistent and affordable electricity. This lack of access directly impacts their ability to achieve meaningful income growth as a lack of reliable electricity limits productivity and restricts economic expansion.
