Sylva: Africa needs $35bn annual investment to accelerate electricity supply | TheCable

  • 📰 thecableng
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 80%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

Timipre Sylva, minister of state for petroleum resources, says an annual investment of about $35 billion could provide access to electricity in African communities that lack power supply. The minister

May 19, 2022 7:10 PM

Sylva added that the annual global investment of $25 billion could also help 2.6 billion Africans gain access to clean cooking by 2030. He added that despite contributing less than 6 percent of world energy consumption and 2 percent of total global emissions, the continent needs to shift to cleaner energy use.Sylva, quoting the International Energy Agency , said renewable energy was expected to support the growth of electricity from 20 to 50 percent of total energy supply by 2050.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

HETimipreSylva Go and sleep , not Africa , West Africa alone, and Nigeria in particular so that Most of the money 💰 will be sqauch and Starched on personal Electrification of the body and Soul of our politicians

HETimipreSylva Which Africa? The one South Africa, Ghana, Egypt, Tunisia, Algeria, and Morocco belong to? HETimipreSylva all of you have failed. By the way, you still dey visit that Shayo joint for Eket? 😉

HETimipreSylva Which people invested/invest in those countries look to for investment in order for them to grow capacity in electricity generation and access at least? Na so we go de dey? Nigeria

HETimipreSylva Lies

HETimipreSylva Africa Last time I checked, the job description says Nigeria.

HETimipreSylva Which africa?

HETimipreSylva We wouldn't be needing such humgous money if the government starts building renewable sources of energy like sun and wind...

HETimipreSylva So you people can share it

HETimipreSylva The one that you people will steal again.

HETimipreSylva How much that Akwa Ibom man 😂 steal? 80Billion abi 🤔. Go and ask him...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

APC spokesman: 28 presidential hopefuls bought forms — Ngige, Emefiele, Sylva didn't submit | TheCableThe All Progressives Congress (APC) says 28 presidential hopefuls purchased its nomination and expression of interest forms. OfficialAPCNg ProfOsinbajo officialABAT SenNgige GodwinIEmefiele Don't refund their money. OfficialAPCNg ProfOsinbajo officialABAT SenNgige GodwinIEmefiele Hhhhhhh. Active user on twitter, let's follow ourselves asap. Active users only o. Let's go OfficialAPCNg ProfOsinbajo officialABAT SenNgige GodwinIEmefiele
Source: thecableng - 🏆 2. / 80 Read more »

How BlackHouse Media is spearheading the future of PR and communications in Africa | TheCableBY DAVID ADELEKE BHM, a global public relations and communications agency based in Nigeria and the UK, is launching the first-ever Africa Public Relations and Communications report on July 16,
Source: thecableng - 🏆 2. / 80 Read more »

Africa: Stuck in the gorge between trade and economic development | TheCableI have lately been doing quite a bit of research around the subject of international trade for Africa. The received wisdom for developing nations is that they need to trade
Source: thecableng - 🏆 2. / 80 Read more »

Malami, Tallen, Sylva attend FEC meetingThree ministers who withdrew their participation in the coming primaries of the ruling All Progressives Congress (APC) Wednesday attended the Federal Executive Council (FEC) meeting.
Source: Daily Trust - 🏆 13. / 51 Read more »

Malami, Tallen, Sylva readmitted into FECThree ministers who withdrew from the coming primary elections of the All Progressives Congress Wednesday attended the Federal Executive Council meeting presided over by President Muhammadu Buhari
Source: Daily Trust - 🏆 13. / 51 Read more »

Telecoms: US, UK firms plan 10,000 tower sites in AfricaIn a bid to tackle the problem of lack of telecom network services in rural areas, Loofca International Limited United Kingdom has partnered with Vanu Incorporated, United States, to deploy 10,000 sites across Africa. Something is fishy I have a piece of land in the village, just package the cash! Not joking-o!!😅😆☺😁☺
Source: MobilePunch - 🏆 8. / 63 Read more »