October 06, 2016

Powerful Countries blocking Nigeria’s power solution – Finance Minister Adeosun

The Minister of Finance, Mrs Kemi Adeosun, has accused western powers of being a stumbling block to Nigeria’s plan to improve power output through the use of coal. Adeosun said this on Wednesday in Washington during a discussion on the importance of addressing infrastructure gaps in developing countries at the World Bank, International Monetary Fund (IMF) general meetings.

She said that improving power supply was the corner stone of the current administration’s goal towards economic development, yet finding it difficult to get support from western community. 

Her words: “We want to build a coal power plant because we are a country blessed with coal, yet we have power problem. So it doesn’t take a genius to workout that it will make sense to build a coal power plant.

“However, we are being blocked from doing so, because it is not green. This is not fair because they have an entire western industralisation that was built on coal fired energy

“This is the competitive advantage that was used to develop Europe, yet now that Nigeria wants to do it, they say it’s not green, so we cannot.

“They suggest that we use solar and wind, which is the more expensive. So yes, Africa must invest in its infrastructure, but we must also make sure that the playing field is level,” she said. 

6 comments:

inumidun said...

Hmmm..

eniola lawal said...

Issorite

Anonymous said...

ABEG MADAM LEAVE THAT MATTER . DANGOTE WILL SOON START MINING COAL FOR HIS BUSINESS AND ONE WILL TELL HIM IT IS NOT GREEN .

Anonymous said...

I support what the Minister said its true.

Charles

Anonymous said...

Bullshit! Oh yeah, blame it on "powerful foreign countries". Why coal ? That sounds like the stupidest thing I have heard this year. When Nigeria is blessed with enough solar power and wind. Why coal?? Which country is running a sustainable energy system on coal? Tell me.
Netherlands has successfully implemented wind mill for energy. So, many other countries are utilising solar. But kemi Adeosun would suggest coal.
It is you corrupt Nigerian leaders in government that are preventing Nigerians from enjoying power. You rich leaders have standby generators that run 24/7. You selfish leaders are the ones stealing Nigeria's money and hiding it in foreign accounts all over the world. OH Yeah, blame it on "powerful foreign countries " again.
Incompetent set of leaders!!!! You would all rot in hell.

Anonymous said...

Bullshit! Oh yeah, blame it on "powerful foreign countries". Why coal ? That sounds like the stupidest thing I have heard this year. When Nigeria is blessed with enough solar power and wind. Why coal?? Which country is running a sustainable energy system on coal? Tell me.
Netherlands has successfully implemented wind mill for energy. So, many other countries are utilising solar. But kemi Adeosun would suggest coal.
It is you corrupt Nigerian leaders in government that are preventing Nigerians from enjoying power. You rich leaders have standby generators that run 24/7. You selfish leaders are the ones stealing Nigeria's money and hiding it in foreign accounts all over the world. OH Yeah, blame it on "powerful foreign countries " again.
Incompetent set of leaders!!!! You would all rot in hell.