Prominent experts in the power sector will provide a blueprint, during the forthcoming conference tagged ‘Nigeria Energy,’ to address the perennial power challenges in Nigeria, Exhibition Director, Nigeria Energy, Mr Ade Yusuf has said.
Speaking during a pre-conference media briefing in Lagos on Tuesday, he also stated that there is a need for political will and the adoption of technology to address the energy challenges in the country.
According to him, the Nigerian power sector has seen a lot of interest from the international scene like never before.
He added that many international exhibitors have indicated interest to participate in the event slated for September in Lagos.
He disclosed that the conference with the theme: ‘Unlocking new value with reforms, investments and technology,’ will attract foreign direct investments into Nigeria’s power sector.
Yusuf said, “Nigeria Energy will provide a blueprint for Nigeria’s power sector in the coming years to not only improve access to electricity but also drive economic growth and create jobs for Nigeria.
“We are relaunching West Africa’s leading energy conference as “Nigeria Energy Leadership Summit.’ The high-level summit aims to gather all stakeholders involved in the value chain, including government leaders, gas companies supplying fuel to grid-connected plants, independent power producers, generation, distribution, and transmission companies, technology providers, and agencies facilitating the development of renewable and off-grid solutions.
“The strategic conference will provide a platform for the public and private sector in Nigeria to engage with international energy leaders and investors, not only suffering a stage to share knowledge but a platform for developing solutions and forming partnerships to meet Nigeria’s energy challenges.
“By engaging the highest level of decision-makers and international partners. Nigeria Energy will provide a blueprint for Nigeria’s power sector in the coming years to not only improve access to electricity but also drive economic growth and create jobs for Nigeria.”
He added, “The event is increased by over 100% in the second year of its return from the pandemic. This year we have more exhibitors coming from all parts of the value chains, a lot of renewable companies, generation companies transmission companies, and financial companies. They come from all walks of life.
“We have international companies. We have the German pavilion and the Chinese pavilion. China has been locked down for over two years and it is making a comeback, not just in at Nigeria Energy but even Mid-East Energy.
“We intend to make the conference much more engaging, seeing that we have a new government in place and they have a focus to attract foreign direct investments in the power sector. The way to do that is to connect them with the right partners.
“We are running all these to enjoy that we find those companies that are keen on investing in Nigeria, bring them to the market, and engage with local players. We have international and indigenous companies and players. They are coming because they understand that we will create the right platform to engage key relevant stakeholders in the market.”