Nigeria Should Prioritise Energy Sufficiency Over Transition, Says Transcorp Energy MD, Ezeafulukwe
The Managing Director/Chief Executive Officer of Transcorp Energy Limited, the integrated energy development and services subsidiary of Transnational Corporation Plc, Chris Ezeafulukwe, has said that Nigeria’s immediate priority should be energy sufficiency rather than energy transition, calling for the deliberate and coordinated development of all the country’s energy resources to close its persistent power deficit.
Mr Ezeafulukwe made the remarks as a panellist at Solar & Storage Live Nigeria 2026, West Africa’s leading solar and energy storage exhibition, held at the Landmark Centre, Lagos. He spoke during a session themed “Who Will Power Nigeria Next? Utility Partnerships, Private Power & MiniGrids,” which convened utilities, independent power producers, developers and regulators to examine the future of electricity supply in Nigeria.
Reframing the global conversation around energy transition, Mr. Ezeafulukwe explained that Transcorp Group approaches the subject through the lens of sufficiency. “In Transcorp Group, we replace the word ‘transition’ with ‘sufficiency.’ Nigeria is working towards energy sufficiency, not transition. At the stage where we are, we need a combination of the different sources of energy that we have in Nigeria, so that when we attain sufficiency, we can begin to talk about transition in the same way that the West is,” he said.
