Tuesday, April 16, 2024

Minister of Finance accuses West of blocking power development

Finance Minister, Kemi Adeosun, has accused the West of blocking the development of power infrastructure in the country because of environmental concerns.

Speaking on the sidelines of the annual meeting of the International Monetary Fund, Adeosun said that boosting Nigeria’s power supply was a priority of her government, but its efforts were being hindered.

According to a report in Premium Times, Adeosun stressed that,

“We want to build a coal power plant because we are a country blessed with coal, yet we have a power problem. So it doesn’t take a genius to work out that it will make sense to build a coal power plant.

“However we are being blocked from doing so, because it is not green. This is not fair because they have an entire western industrialisation that was built on coal-fired energy”, she added.

 

 

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