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.

Subscribe to Newsletter

Get the latest in luxury, business, and elite trends—subscribe now!

Subscribe

Latest Posts

Top Public Relations and Investor Relations Trends for 2026

How Organizations Can Prepare for the Future of Visibility and Trust As...

FG Commissions ₦40 Billion CCTV Control Centre on Third Mainland Bridge to Boost Safety

The Federal Government of Nigeria has officially inaugurated a ₦40 billion CCTV...

Jux, Yemi Alade and Others Celebrate Wins at 9th AFRIMA Awards

Africa’s top music stars were honoured at the 9th All Africa...

Morocco and Egypt Set New Tourism Records as Africa’s Most-Visited Countries

Morocco and Egypt recorded historic highs in international tourist arrivals in...

Standard Chartered Deepens Commitment to Nigeria, Meets CBN’s ₦200 Billion Capital Requirement

Standard Chartered Bank Nigeria Limited has confirmed full compliance with the...

China Reaffirms Support for Somalia After Top Diplomat Postpones Visit

China has reiterated its support for Somalia’s sovereignty and territorial integrity...

Egypt Signs $1.8 Billion Renewable Energy Deals to Scale Solar and Storage Capacity

Egypt has signed renewable energy agreements worth $1.8 billion, reinforcing its...

Related Posts

Top Public Relations and Investor Relations Trends for 2026

How Organizations Can Prepare for the Future of Visibility...

Jux, Yemi Alade and Others Celebrate Wins at 9th AFRIMA Awards

Africa’s top music stars were honoured at the 9th...

Morocco and Egypt Set New Tourism Records as Africa’s Most-Visited Countries

Morocco and Egypt recorded historic highs in international tourist...

LEAVE A REPLY

Please enter your comment!
Please enter your name here