Are there any specific projects you are involved in that you are particularly excited about?
Development of frameworks for feed-in tariffs for small-scale renewable energy and a competitive bidding system for large-scale renewable energy projects.
Where is Nigeria in terms of the development of its renewable resources – compared to the rest of the region/Africa?
Nigeria has the potential to become a leader in renewable energies in the region. The sector is on a good way to roll-out large-scale renewables and I am excited to be part of that process.
The country is blessed with oil & gas resources, are the authorities motivated to explore renewables?
Absolutely. Renewables (in particular solar PV) can add much needed generation capacity in a relatively short period of time compared to conventional power plants with longer construction times. There are a lot of advantages that authorities are keen to explore.
What in your view are the main challenges to expand renewables in the region’s energy mix?
Inconsistencies in the regulatory framework, lack of protection of investors, long licensing procedures.
You are a speaker during the Masterclass on “Accessing Finance for Renewable Power Projects” at the upcoming WAPIC – can you give us a sneak preview of your message at the event?
The Nigerian market for renewables is in a decisive phase. Let’s talk about how a structured support programme can improve access to finance.
Anything else you would like to add?
I look forward to this great event and lively exchange with motivated entrepreneurs.