The Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has reaffirmed Nigeria’s commitment to attracting investment to its electricity sector.
Speaking at an exclusive dinner in Dar es Salaam, Tanzania, ahead of the Mission 300 African Energy Summit, Edun addressed a select audience of investors and development partners on Sunday evening, highlighting Nigeria as a key destination for energy investment.
“Nigeria is open for investment in the electricity sector,” he declared, stressing the country’s dedication to macroeconomic stability, clean energy objectives, and universal energy access.
He noted that the government is implementing strategic reforms to create a conducive environment for investors, ensuring long-term sustainability and profitability in the power sector.
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He also added that the Mission 300 initiative, a pan-African effort to provide energy access to 300 million people by 2030, aligns with Nigeria’s ambitious electrification agenda. Edun assured stakeholders that the government is actively working to modernize infrastructure, streamline regulations, and enhance public-private partnerships to drive progress.
President Bola Tinubu is also participating in the African Energy Summit, reinforcing Nigeria’s commitment to energy access and a just transition to clean energy.
