In a bold and visionary statement, the Director-General of the World Trade Organization (WTO), Dr. Ngozi Okonjo-Iweala, has called for a decentralized approach to electricity supply in Nigeria, emphasizing the urgency of energy reform in the nation.
Taking to its official X handle, Nigerian Stories shared Dr. Okonjo-Iweala’s powerful advocacy for a transformative shift in Nigeria’s energy landscape. She highlighted the dire need for the country to embrace innovative energy solutions to remain competitive in a rapidly advancing global economy.
“Nigeria cannot afford to be left behind in energy development and supply,” Dr. Okonjo-Iweala asserted, underlining the importance of decentralizing electricity generation and distribution to ensure more reliable and equitable access across the nation.
The WTO chief’s remarks resonate deeply with the current energy challenges faced by Nigeria. With millions of households and businesses plagued by inconsistent power supply, experts agree that a decentralized approach—focusing on localized power generation such as renewable energy hubs and mini-grids—could be a game-changer.
This call for decentralization aligns with global best practices, where countries have moved beyond centralized grids to adopt flexible, community-driven energy models. Such a move could enhance economic productivity, reduce reliance on fossil fuels, and bridge the energy gap between urban and rural areas in Nigeria.
Dr. Okonjo-Iweala, a globally acclaimed economist and former Nigerian Finance Minister, is renowned for her pragmatic and forward-thinking approach to development challenges. Her advocacy for decentralized energy solutions places Nigeria on the brink of an energy revolution, provided policymakers heed her call and act decisively.
As the discourse on Nigeria’s energy future intensifies, all eyes are on the federal government and stakeholders in the power sector to take bold steps towards implementing decentralized solutions. Could this be the pivotal moment that reshapes Nigeria’s energy narrative? Time will tell.
PIONEER NEWS 