Nigeria cannot achieve economic development without addressing the power sector crisis.
The country’s Vice President, Kashim Shettima made the remark while inaugurating the National Economic Council, NEC, Ad-Hoc Committee on National Electrification and NEC Ad Hoc Committee on Polio Eradication at the Presidential Villa, Abuja.
This is as he urged leaders in the country to rise above their differences, confront the power sector crisis and make Nigeria an industrialized nation.
While regretting that an estimated 40-70 percent of Nigerians have no formal access to electricity, Shettima expressed the believe that the calibre and experiences of Governors and other members of the committee will change the narrative positively.
The VP, however, expressed optimism that there would soon be significant improvement following the recent reforms in the energy sector. The reforms have opened the sector, not only to the participation of, otherwise, excluded players, but also attract local and foreign investments.