HomeLocal NewsEx-CBN Director urges FG to harness four major sources of power to...

Ex-CBN Director urges FG to harness four major sources of power to improve electricity

Date:

Related stories

UN applauds Gov Yusuf’s social, climate initiatives in Kano

Kano State Governor Abba Kabir Yusuf has earned praise...

Police arrest serial phone thief in Kano

The Kano State Police Command has apprehended a 27-year-old...

ICPC to arraign Kano electoral commission chairman over alleged N1bn fraud

The Independent Corrupt Practices and Other Related Offences Commission...

Kano: Four men drown in blocked waterway

The Kano State Fire Service has confirmed the death...

Tinubu pays tribute to late Aminu Dantata in Kano

President Bola Ahmed Tinubu on Friday visited the family...
spot_img

The Former Director,Central Bank of Nigeria (CBN),Dr Titus Okunronmu, has advised the Federal Government to harness the four untapped major sources of power to improve electricity generation.

Okunronmu gave the advice in an interview with the News Agency of Nigeria (NAN) on Sunday in Ota.

He spoke while reacting to the unstable power supply in the country.

The Ex-CBN Director noted that the country is blessed with resources that could transform it to become one of the greatest nation in the world.

“But if the resources are not developed, the country cannot grow, saying that it is like a man who does not go to school and want to become a professor,” he said.

He listed the untapped resources that could be used to generate more power supply to include coal, solar energy, sun and gas.

Okunronmu said that God has blessed the nation with these resources which could be harnessed to generate solar energy.

The former CBN director explained that the country has sufficient gas which could be used to generate power for the whole of West Africa.

He added that the country has abundant coal, saying that China which does not have coal in abundance has used technology to develop the little coal it has to generate power for millions of its people.

Okunronmu noted that stable power galvanizes economic activities and plays a vital role in economic development of any nation.

He said this would prevent companies from moving out of the country and attract new investors, thus creating jobs for the teeming youths, if electricity is regular. (NAN)

 

Subscribe

Latest stories