Earthkumy:
Former Minister for Finance, Dr. Ngozi Okonjo-
Iweala, has said the solution to Nigeria’s power
problem lies in off-grid initiatives that are
climate friendly and not going to the West to
beg as victims.
Okonjo-Iweala, who spoke at the Conference
of Parties (COP 21) to the United Nations
Framework Convention on Climate Change,
(UNFCCC) in Paris, France, said Nigeria needs to
get the private sector involved in the power
sector, adding that government must look at
renewable and off-grid solutions like the solar
power generation.
She said: “Almost three quarters of
infrastructure that Africa needs, we still don’t
have it. This means that the power we need,
the road and the railway, we can still get these
infrastructures and have it in a way that is
friendly to climate change that lowers emission
and puts us on a low carbon growth path. How
do we do that?
“We have to get the private sector, we are
looking at power, look at renewable energy, we
are not saying renewable should be everything
because Africa should have a mix. We can still
use gas to some extent, but we should increase
the renewable. Our companies that are
investing should look at off- grid solutions, let
our companies get off -grid solar solutions for
our people before other people come into it
because that is what always happens. Instead
of flaring, we can use the gas, we can convert
this gas for our use and I know government
has the power to do that.”
The former minister, who is also the
Commissioner, Global Commission on the
Economy and Climate spoke at a session titled:
Climate Change in Africa: Financing Sustainable
Pathways for Development at the ongoing
Climate Change talks.
She said the solution for climate change lies in
Africa because of the opportunity to build
renewable infrastructures on the continent.
“Africa should stop playing the victim game. We
are not supposed to be going to the West to
beg as victims, we should be telling them that
the solution is in Africa. Our infrastructures are
just developing we have the opportunity to
build in a climate friendly way and avoid the
mistakes of the developed nations, “she added.
Okonjo-Iweala said African countries should
divert funds used in fossil fuel subsidy towards
the generation of renewable energy.


www.signalng.com/going-to-the-west-to-beg-as-victims-cant-solve-nigerias-power-problems-okonjo-iweala/

Uricas:
Correct! She has the brain but how do you want me to believe a woman who grounded our economy and also lie that the country is not poor but went to borrow money the following month. Besides, she should have initiated this when she was there. Naija! I hail thee.

NigLasPresident:


But I thought she got a great job in a great position in an International organization. If she was irrelevant they wouldn't have jumped on her immediately after leaving office. Or are the Americans we run to for help now dumb to fight over her to come work with them?

hinwazaka:
This is what a finance minister sounds like not Kemi, who is talking like a college dropout. I guess there is a huge difference between studying at Harvard and studying at Leeds.

keally:
. Because you were ignorant and partly bc that administration did not blow it's trumpet, they never talked about or showcase their work until people began to believe APC's lie that they did nothing in 5years. Some communities near Abuja actually celebrated ONE YEAR OF UNINTERRUPTED POWER SUPPLY under that regime using the off-grid solution, Solar eletric. Again, you don't need to believe, Ngozi is not a local champion, she is a WORLD CLASS ECONOMIC MANAGER. She is an INTERNATIONALLY ACCLAIMED ECONOMIST. We said it but you guys preferred to believe propaganda instead of the truth. The economic downturn was not peculiar to Nigeria but a global problem occasioned by the falling prices of crude oil in the international market, you guys said it was GEJ's problem. She used her acumen and expertise to steer the ship of the economy out of imminent austerity but you guys critiscized and villified her. Now the truth is coming out. With all the noise, boasting, promises or rather SELF-DECEPTION APC cannot and does not have anyone to successfully manage the economy at this auspicious time. The dollar will soon hit. N300. The hardship is just beginning. Cheers

seunmsg:
Before she offers any advice that she couldn't implement for 5 years as coordinating minister of the economy, she should kindly explain how $2.1billion meant for arms purchase was frittered away under her watch.

keally:
. Because you were ignorant and partly bc that administration did not blow it's trumpet, they never talked about or showcase their work until people began to believe APC's lie that they did nothing in 5years. Some communities near Abuja actually celebrated ONE YEAR OF UNINTERRUPTED POWER SUPPLY under that regime using the off-grid solution, Solar eletric. Again, you don't need to believe, Ngozi is not a local champion, she is a WORLD CLASS ECONOMIC MANAGER. She is an INTERNATIONALLY ACCLAIMED ECONOMIST. We said it but you guys preferred to believe propaganda instead of the truth. The economic downturn was not peculiar to Nigeria but a global problem occasioned by the falling prices of crude oil in the international market, you guys said it was GEJ's problem. She used her acumen and expertise to steer the ship of the economy out of imminent austerity but you guys critiscized and villified her. Now the truth is coming out. With all the noise, boasting, promises or rather SELF-DECEPTION APC cannot and does not have anyone to successfully manage the economy at this auspicious time. The dollar will soon hit. N300. The hardship is just beginning. Cheers

keally:
. The economic downturn was not peculiar to Nigeria but a global problem occasioned by the falling prices of crude oil in the international market, you guys said it was GEJ's problem. She used her acumen and expertise to steer the ship of the economy out of imminent austerity but you guys critiscized and villified her. Now the truth is coming out. With all the noise, boasting, promises or rather SELF-DECEPTION APC cannot and does not have anyone to successfully manage the economy at this auspicious time. The dollar will soon hit. N300. The hardship is just beginning. Cheers

Earthkumy:

www.signalng.com/going-to-the-west-to-beg-as-victims-cant-solve-nigerias-power-problems-okonjo-iweala/

SirJeffry:
To summarize what NOI is saying, PA Buhari gallivanting all over the globe crying that Nigerians are the most corrupt humans on earth, shaking every available white hand and gossiping about past administration won't help Nigeria.

sweetgala:


She had over 5 years to effect the necessary change she now preached, in relative wealth and she did nothing.

Hypocrisy at it's best . she should STFU

Mogidi:
Begging is in his blood.

www.nairaland.com/attachments/2431136_editor_jpeg6eb3fc9c13df660adb984d7019894a95

sultaan:
That overrated minister was there for 10 years now she has an idea of how to make things better than what she met before spending $billions for this failed system.

Na sopona go strike her 10 times a day

blazetitov:


A finance minister that grounded the economy

A finance minister that was busy shouting rebasing of GDP as an achievement when majority of Nigerians are wallowing in abject poverty.

A finance minister that sold Sure-p to us like her life depended on it, we all know what became of the funds.

A finance minister that was such a lay back to over look billions of dollars stolen under her watch.

A finance minister that couldn't manage the country's foreign reserves but went borrowing to finance recurrent expenditure.

A finance minister that allowed the destruction of the economy by granting questionable import waivers to companies like Stallion and Olam and also looked the other way when their import limits were exceeded.

So called Harvard graduate that never saw anything wrong in the looting and mismanagement of the nation's resources but prefers to keep mute in as much as her salary and allowances were being paid.

A voodoo economist and originator of okonjonomics!

Please tell your abysmal story to the marines. We know better.

Uricas:
Correct! She has the brain but how do you want me to believe a woman who grounded our economy and also lie that the country is not poor but went to borrow money the following month. Besides, she should have initiated this when she was there. Naija! I hail thee.