Mallam Mele Kyari, the Group Chief Executive Officer (GCEO) of NNPC Limited, has admitted that energy is unavailable in Nigeria.
During the Nigerian Oil and Gas Conference in Abuja on Tuesday, July 11, Kyari noted that more than 70% of Nigeria’s population does not have access to clean cooking oil, while over 50% also lacks access to electricity.
He categorically stated that, at the moment, the country is faced with the issues of availability, affordability, and sustainability of energy and electricity.
His words: “What are we talking about? It is about energy availability, affordability and sustainability.
“Everybody wants this, not just Nigeria, not Africa, but every part of the world thinks this same way: that energy must be available, it must be affordable, and also it must be supplied in a sustainable manner.
“But where are we in our country today? In terms of availability, 70 per cent of our population does not have access to clean cooking oil.
Over 50 per cent don’t have access to electricity. And that is the truth, so is energy available, or is it a problem of affordability, or is it that we have an unsustainable framework?
“It is a combination of all of them; I think we are dealing with a combination of all of them. Energy is not available.
I“t is not affordable, in very many senses, because of many of the structures that have been mentioned here earlier, pricing, and many issues that have made affordability a matter of concern. You can’t even afford financing for it.”