Obasanjo Blames Oil Firms For Nigeria’s Electricity Woes | Independent Newspapers Limited
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Obasanjo Blames Oil Firms For Nigeria’s Electricity Woes

Posted: May 26, 2016 at 8:35 pm   /   by   /   comments (0)



Chief Olusegun Obasanjo, former president, has said that international oil companies should be held responsible for Nigeria’s electricity challenges.

Obasanjo made the revelation at a high-level session on “Africa’s Energy: What’s the New Deal?” at the ongoing 2016 annual meetings of the African Development Bank (AfDB) in Lusaka, Zambia.

Obasanjo was quoted as saying that the refusal of the international oil firms to convert the gas they were flaring to power contributed to the deteriorating state of electricity in the country.

The former president added that rather than build power plants for Nigerians to benefit, they preferred to burn the gas because such projects did not add to their profitability.

He said that when he was president he asked all the international oil companies producing crude oil in Nigeria not to burn gas but use it for electricity.

He added that only Agip responded and built a power plant of only three megawatts.

“Others ignored my call,” he said.

Chief Obasanjo maintained that there was no reason why Africa should be in darkness going by resources and the potential that the continent has to generate power.

He however warned that African governments should not deprive their citizens the benefits of electricity in a bid to have an environment devoid of pollution due to power generation.

“I’m an environmentalist, I will not keep environment clean at the expense of power in Africa. Without coal, industrialisation would not have been possible in Europe and other developed world.

“We may not use coal like in the past, but let us use a mixture of what we have. We have coal, gas, oil, sun, wind, fossil; let use them to get what we want,” Obasanjo advised.