Nigeria’s renewable energy story is very exciting right now. It has shifted from talking about the impact of renewable energy solutions to real implementation. For a long time, it seemed to be a topic everyone agreed was important, yet very few projects were actually being executed. Today, we are seeing real systems powering industries, supporting markets, and transforming communities. There is also strong private sector participation, and government frameworks are making projects more viable and scalable. What is even more encouraging is how business owners are now seeing clean energy as an economic and operational decision. They are seeing reduced losses, improved productivity, and better competitiveness because of reliable power.
We are also seeing new innovations in how renewable energy is being applied. Productive-use equipment is helping farmers work more efficiently, mini-grids are powering commercial clusters and communities, and storage systems are stabilising operations for businesses. We are still in the early stages of Nigeria’s renewable journey, but the impact on the ground is already evident. That is why I often say renewable energy is quietly becoming Nigeria’s “new oil” in a practical sense, because it is becoming a catalyst for productivity and growth. The more reliable power we deploy, the more Nigeria earns, builds, and feeds itself.