Home Electricity Effective regulatory will drive the power sector, expert says

Effective regulatory will drive the power sector, expert says

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An expert in the energy sector, Kola Adesina, Chairman of Egbin Power PLC has called on regulatory authorities in the industry across Nigeria and Africa generally to provide the guidance and expertise crucial to enhancing economic growth and development across the continent.

Adesina said the regulatory environment in the sector in Africa needed to be tweaked to integrate cross border collaboration, forward-looking policies and cooperation between the public and private sectors to meet the huge power demand on the continent.

“We need our regulators to seek avenues for collaboration across the regions to drive regional and global financial support, policy integration, infrastructure upgrades and human capital development.

“We need that synergy between policy and regulation to stimulate investments and expansion that will ultimately lead to sustainable power supply,” the expert said

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