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The Enugu State Government has unveiled an ambitious plan to transform the state from an energy-poor region to a thriving electricity market that generates over 690 megawatts of power and provides a minimum of 20 hours of daily electricity supply by 2030. This development is in line with the state’s economic growth strategy to position Enugu as a prominent industrial hub.

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Governor of Enugu State, Dr. Peter Mbah, revealed this strategic vision during a roundtable discussion titled “The Electricity Act 2023: Implications and Opportunities for State Electricity Market.” The event was organized by the Nigeria Governors’ Forum (NGF) and the United Kingdom Nigeria Infrastructure Advisory Facility (UKNIAF), bringing together state governments and key stakeholders in Abuja.

While representing the Governor, Prof. Chidiebere Onyia, the Secretary to the State Government, emphasized the state’s determination to create a conducive environment for energy industry players and investors. The objective is to boost Enugu State’s Gross Domestic Product (GDP) from its current $4.4 billion to $30 billion.

Governor Mbah’s representative stated, “We have set out an ambitious economic growth plan, and integral to that plan is the electricity needs of Enugu State and the investors that will be coming into Enugu State.”

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To realize this vision, the Enugu State Government is in the process of enacting the Enugu State Electricity Law, taking advantage of the 2023 constitution amendment and the Electricity Act 2023. This will enable the establishment of a robust Enugu electricity market and ensure reliable energy supply that encourages private sector participation.

The state’s plan focuses on becoming one of the top three investment destinations in Nigeria. To achieve this, Enugu State is committed to creating an electricity market that offers dependable power and encourages investors to take advantage of the state’s conducive energy environment.

Enugu’s energy strategy will encompass a significant portion of renewable and traditional power sources, aligning with Nigeria’s energy development goals. The ultimate goal is to provide sustainable and consistent electricity to support industrial growth and economic development in Enugu State.

The Enugu State Government’s initiative signifies its dedication to energy access, economic growth, and attracting investments that will drive development and prosperity within the state.

This report is developing, more details will be shared on the SkiwordNews Telegram Channel as soon as possible.

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