The Nigerian Association of Energy Economics (NAEE) has said that Nigeria cannot industrialise her economy by continuing to rely on electricity from fuel generators to power her industries, offices and homes.
It said on Sunday in Abuja that the country’s continued reliance on fuel generating sets was an aberration, adding that economies with serious desires for industrialisation do not rely on fuel generators but reliable and cost effective energy sources and systems.
Speaking during a press briefing to mark the 2017 World Energy Day, the President of NAEE, Prof. Wumi Iledare, stated that at present, most countries were beginning to transit from fossil-based energy generation to clean energy sources, while Nigeria remained fixated on fuel generating sets that are expensive and unhealthy for the environment and human beings.
Iledare, who was represented by a former president of the association, Prof. Adeola Adenikinju, at the briefing, said it was time for Nigeria to move against the use of fuel generators and prioritise investments in clean energy sources.
He noted that global reliance on energy from fossil fuel sources was waning and Nigeria should take advantage of that to drive investments to hydro, solar, and other clean energy sources.