The Group Chairman of the United Bank for Africa (UBA), Tony Elumelu, says Nigeria needs to do more to fix its ailing power sector to ensure and improve economic prosperity in the country.
Elumelu, an entrepreneur and founder of the Tony Elumelu Foundation, said the power sector in Nigeria needs to be privatised and called for 100,000 megawatts of electricity.
“It is in our self-interest to make sure it works,” Elumelu told ARISE News. “The time is now because we are all suffering this.”
By Rita Osakwe