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

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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.

 

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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...

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