“Experts are unanimous that the increase in oil and gas production will play a critical role in the Nigerian economy’s recovery in 2021. Forecasts indicate that oil and gas production will continue to increase rapidly in the next two decades.”“Nigeria’s current power generation is around 5,000 MW, while the ideal capacity would be around 30,000 MW. Nigeria plans to add six new coal plants by 2037. Together with 9 new additions of gas plants, this would provide an … [Read more...]
Reviving the Heart of the Earth: Energy Liberation in Africa
Poets call Africa the heart of the earth. It is, both geographically and biologically. Yet, it remains the most underdeveloped continent. Only a handful of nations in the continent have become economically competitive with their European counterparts. South Africa is one such nation. When it comes to economic development, Nigeria and South Africa are the two most developed nations in Africa. South Africa has everything that makes it comparable to a developed Western nation. Better standard … [Read more...]