The Managing Director/CEO of Transafam Power Limited, Engr. Vincent Ozoude, has affirmed that gas-fired generation will remain the backbone of Nigeria’s electricity system for years to come, even as renewables and smart energy technologies continue to grow, positioning indigenous operators at the centre of the country’s drive for reliable power.
Ozoude made the case during a high-level panel session themed “ReEngineering Africa’s Power Market — Driving Reliable Energy Systems” at the NOG Energy Week, one of Africa’s foremost energy gatherings, held in Abuja.
Speaking as one of Nigeria’s leading power generation executives, Ozoude set out a pragmatic, evidence-based vision for the energy sector, anchored on strengthening the gas value chain, deepening market reforms and embracing digitalisation. “Nigeria’s energy future will be shaped by continued reforms, strategic investment and the intelligent integration of gas, renewables and smart technologies,” he said.
“Solar energy is an important part of the energy future in Africa and Nigeria, but gas-fired generation will continue to stabilise Nigeria’s grid. Renewables alone cannot carry the base load today. Gas remains critical to ensuring reliable stable electricity.”
