The Federal Government has set a target of generating 70,000 megawatts (MW) of electricity by 2060, despite Nigeria currently producing less than 5,000MW from an installed generation capacity exceeding 13,000MW. The Minister of Power, Joseph Tegbe, announced the target on Tuesday at the ongoing 13th Nigeria Energy Exhibition and Conference Leadership Summit in Lagos. He said expanding electricity infrastructure was necessary to meet growing demand driven by industrialisation, technological advancement and data centres. Tegbe acknowledged the significant gap between Nigeria’s current electricity supply and its long-term ambition, stressing that future energy...