Page 80 - Msingi Afrika Magazine Issue 10

Energy
ECONOMY

ENERGY IN AFRICA BY AFRICANS

A Sustainable Development Approach to Re-Installing an
Energy Sector; Energy-Mix, Segregation for Integration,
and Credit System
Author: John O. Igbokoyi
Peer Review: Alpheus O. Igbokoyi

THINKING FOR THE frontier, that is Energy in Africa by
FUTURE Africans. The cost is high, but the A briefing on Nigeria’s electrical
In an article published by Forbes, end result, a beneficial socio-eco- system: 12.522 GW generation
written by Alan Ohnsman, Peter nomic way of life for Africans, even capacity; fossil fuels account for
Thiel, stated how COVID-19 marks better. 81%; losses at start of transmission
the true start of the 21st century. It An attribute shared by most Afri- equal 56.67% of the 12.522 GW;
is clear to all we indeed are in new can countries is the endowment of receipt by consumers are recorded
times. Everything is changing, from natural resources that are misman- at a measly 25%. Externally, Nigeria
the way we work, our interactions, aged. With a statistical population was ranked 8th in the 2019 global
to the production of the energy we of over 200 million in Nigeria, and a petroleum export.*
consume. history of inadequacy, a new system There is empirical data that will
beckons. One that will allow for show from 1990 to 2014, the
In this article I will lay out a strategy manufacturing, thereby leading to Nigerian population, electricity
in the new energy and economic authentic economic rising. consumption, CO2 emissions, GDP,

80 | Heal . Restore . Rebirth . Afrika