September 16, (THEWILL) – Nigeria’s Finance and Coordinating Minister of the Economy, Mr Wale Edun, and Guangzhe Chen, Vice President for Infrastructure at the World Bank, have met to discuss bold reforms aimed at improving electricity access across the nation in order to accelerate infrastructure development and economic growth.
During the meeting, which focused on addressing ongoing challenges in the sector, Mr Edun emphasised President Bola Ahmed Tinubu’s commitment to the Mission 300 project, a joint initiative by the World Bank and the African Development Bank , aimed at providing electricity access to 300 million people across Africa by 2030. Both parties highlighted the need for reforms that would improve efficiency, expand access, and ensure sustainable energy solutions for Nigeria’s growing population.
Present at the meeting included Ndiame Diop, World Bank Country Director for Nigeria; Franz Drees-Gross, Director of Infrastructure for West Africa; Taimur Samad, Operations Manager at the World Bank; and representatives from the Office of the Special Adviser on Energy to the President, among others. With a shared commitment to achieving the ambitious goals of the Mission 300 project, and through the collaborative efforts and a focus on sustainable energy solutions, Nigeria is set to unlock its full potential and provide electricity access to millions, driving economic growth and prosperity for generations to come.
Sam Diala is a Bloomberg Certified Financial Journalist with over a decade of experience in reporting Business and Economy. He is Business Editor at THEWILL Newspaper, and believes that work, not wishes, creates wealth.
