Former Ghanaian President, Mr. John Mahama, speaking at a lecture organized by the Department of State Service, for its Officers Course 10 participants in Abuja, said Africa and Nigeria in particular needed to develop its power infrastructure and refining capacity among others to push the the region forward, Vanguard reports.
He said; “What we did in telecom, we can do in energy. Today everybody has a phone allowing people to communicate. We can do same in energy by putting in place the appropriate policy to enable power supply spread across the continent. There is no way we can develop and catch up with the rest of the world if we do not have power because we need power to establish those businesses and build capacity, and we cannot compete if we use power from expensive sources.”
He added; “Nigeria should produce petroleum and export to the rest of Africa. This is not a development paradigm that the developed nations enthused about. And the earlier we work on our continental security and put our interest above external interests, no matter the consequences, the sooner we realize the benefits as a continent.”
“I believe in West Africa, Nigeria has a central responsibility in the region. It cannot shelve that responsibility because it is not only the largest economy in West Africa; it is the second largest economy in Africa. If Nigeria gets its economy right, and accelerates its economy and impacts in the economy of West African trade in the sub region, it will drive the other 14 West African countries.”
Source: Energy Mix Report