All On Chairman Calls for Bold Energy Investments to Tackle Nigeria’s Power Deficit

Nigeria must urgently close its energy access gap through large-scale investment in off-grid solutions, the newly appointed Chairman of All On, Ronald Adams, has said. Speaking at the 2025 LCCI International Business Conference & Expo, Adams stressed that over 80 million Nigerians remain without reliable electricity access, presenting both a humanitarian challenge and a $10–20 billion market opportunity, as highlighted in a report by Tribune Online.

Adams, who also serves as Managing Director of Shell Nigeria Exploration and Production Company (SNEPCo), warned that the energy shortfall continues to hold back economic productivity, education, healthcare, and industrial growth. He noted that All On, established in 2016 with Shell’s backing, has already committed more than $40 million across 50 direct investments, reaching 1.2 million Nigerians in 190 underserved communities, the Tribune piece revealed.

Emphasizing the scale of untapped opportunities, Adams described Nigeria’s energy gap as a “market opportunity” that can be transformed into sustainable growth if supported by enabling policies and private sector participation. He encouraged both domestic and international investors to channel capital into mini-grids, solar home systems, and clean cooking technologies, Zawya reported.

He further noted that bridging the energy deficit could stimulate wider sectors of the economy, including agriculture, manufacturing, and digital services, while also improving livelihoods and driving inclusive growth. For Adams, bold action by investors, supported by cross-sector collaboration, will be key to unlocking Nigeria’s clean energy potential, as underscored in the report.

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