Wale Edun Woos Investors To Nigeria’s Energy Sector – Prime Business Africa
Wale Edun

Wale Edun Woos Investors To Nigeria’s Energy Sector

18 hours ago
1 min read

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has called on global investors to partner with the government in unlocking the country’s energy potential.

Edun made the call while speaking at the Sustainable Energy for All (SEforALL) Forum in Bridgetown, Barbados.

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The minister highlighted the need for strategic investment and greater private sector participation to achieve universal energy access.

He emphasised that the government alone cannot finance the country’s energy needs.

“Our reforms are designed to unlock private investment, improve market dynamics, and accelerate the transition to cost-reflective tariffs,” Edun stated.

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Nigeria is a key beneficiary of Mission 300, a World Bank and African Development Bank initiative aimed at providing electricity to 300 million Africans. The country is leveraging this initiative to expand renewable energy infrastructure and improve access to underserved communities.

Nigeria’s Minister of Power, Adebayo Adelabu, also attended the forum, reinforcing the country’s commitment to energy sector reforms.

The SEforALL Forum brought together policymakers, development partners, and energy experts to drive solutions for a just and inclusive energy transition.

 

Wale Edun Woos Investors To Nigeria’s Energy Sector

 

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