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The Economist: Nigeria, 2019. New Horizons

Date: May 25, 2019


Nigeria 2019. New Horizons.
Towards a sustainable future

Moving ahead: Building on Nigeria’s potential

A country rich not just in oil and gas but also solid minerals and renewable energy sources, Nigeria is building a solid framework for the future. Safety and environmental issues are a central part of new projects. “We are not looking just four years ahead. We are looking at the next ten years” explained Mr. Wabote of the NCDMB in his exclusive interview.

Nigerian gas and oil, always a pillar of the economy and often blamed as a scapegoat for its problems, has matured. “Solar, hydro, biofuels, we have it all in Nigeria. What we have tried to do is to spread the language and steer the discussion towards the right energy mix. The value chain has to be properly strung together” explains Osten Olorunsola, Chairman of the Energy Institute.

The time for investing in Nigeria is now!

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