President Bola Ahmed Tinubu has cautioned Nigerians not to expect an immediate or “magical” solution to the country’s ongoing electricity challenges, emphasizing that the existing power infrastructure has been in place for decades.
During a visit by German President Frank-Walter Steinmeier, Tinubu acknowledged the efforts of Siemens Energy in addressing the power crisis, noting that the company is “working very hard” to fulfill its commitments as part of a partnership.
However, he stressed that given the long-standing issues with the country’s power infrastructure, immediate results should not be anticipated.
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This remark comes amid another collapse of Nigeria’s national grid on Wednesday, marking the 12th such incident in 2024. The President also outlined ongoing reforms aimed at creating a more business-friendly environment and attracting foreign investment to improve the nation’s infrastructure.
He said, “Nigeria, being a nation in a hurry, wants a magical response. But don’t forget, those transmission lines are about 50 to 60 years old.
“The snags are what we are trying to improve and reduce the possibility of problems. We are doing that. I’ve signed a reform that decentralised the power distribution and generation in the country. The states and various subsectors and subnational can generate their power and distribute it; they are working on it all.
“We have German businesses who are promoting alternative sources of energy, and they are here. We have the sun; they have the technology. I think we can utilise that for rural electrification; as mentioned earlier on, we can use the various dams that are not effective. We assure you that we will put these dams to use for the benefit of our people.”
The President also emphasized the critical role of youth training, solid minerals, and industrial partnerships in driving Nigeria’s development agenda forward.
“We have a brilliant youth population that is energetic and ready to learn. We have a population that is market-friendly. We have an industrial plan that is anxious to establish assembly plants.
“We equally have solid minerals and the best proportion we can harness to attract German businesses and partners for progress.”
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