Africa may be home to 15% of the world’s population, but it consumes just 3% of the world’s energy output, and generates less than 50% of the 74,000 MW of current peak demand requirement. In sub-Saharan Africa (SSA) electrification rates are low with only 25% of the region’s population having access to power; the average […]
We don’t seem to have gotten over the consequences of the low price of oil yet. Good. Our revenue in effect is dwindling. Very good. The revenue being earned for the federal government cannot disburse enough subventions to the states and local governments. Extremely good. The civil servants, education institutions and medical personnel are agitating […]
While the government seems to be raising our awareness about our need to diversify, the options identified are agriculture, which, with the best of investments, is medium-term to take 5 – 7 years to fruition, and mining and industrialization, with a long-term timeframe of 10 – 20 years before we can get any significant return […]