[bc_video video_id=”6252660815001″ account_id=”6116119081001″ player_id=”default” embed=”in-page” padding_top=”56%” autoplay=”” min_width=”0px” playsinline=”” picture_in_picture=”” max_width=”640px” mute=”” width=”100%” height=”100%” ]
The Group Chairman of the United Bank for Africa (UBA), Tony Elumelu, says Nigeria needs to do more to fix its ailing power sector to ensure and improve economic prosperity in the country.
Elumelu, an entrepreneur and founder of the Tony Elumelu Foundation, said the power sector in Nigeria needs to be privatised and called for 100,000 megawatts of electricity.
“It is in our self-interest to make sure it works,” Elumelu told ARISE News. “The time is now because we are all suffering this.”
By Rita Osakwe
Follow us on:
Gbadebo Rhodes-Vivour has condemned the commercialisation of GMO seeds, warning of threats to Nigeria’s food…
Oleksandr Usyk has secured victory over Tyson Fury in Riyadh, successfully defending his heavyweight championship…
Albania plans a one-year TikTok ban from January after a schoolboy’s death sparks concerns over…
A suspect accused of killing five people by driving into a crowded Christmas market in…
A US Navy F/A-18 Hornet was mistakenly shot down over the Red Sea by the…
NNPC has reduced petrol ex-depot price to N899 per litre, sparking competition with Dangote Refinery…