By Ephraim Oseji

A Chieftain of the People’s Democratic Party (PDP) in Delta State, Chief Sunny Onuesoke has reiterated that the panacea for successful diversification of Nigerian economy is constant energy and electricity supply.

Onosoke

Speaking to journalists in Sango-Ota, Ogun State at a seminar, Onuesoke argued that the bedrock of  any developing country in the world is constant supply of power and energy, stressing that If there is constant supply of electricity,  the crime rate in Nigeria will reduce drastically, because majority of the youths will go into the skills acquisition sector, hence there  is hope of powering small scale enterprises.

Onuesoke maintained that constant energy and  electricity supply  will  increase industrialization and create employment for the teeming jobless youths, adding that  it will be needless for the government to diversify if there is no solution to constant electricity supply.

To achieve constant electricity supply, he advised that there is the urgent need for the introduction of energy mix for electricity supply to be broadened from the current two of  hydro and gas sources to seven sources which include hydro, gas, solar, wind, biomass/biofuels, coal and nuclear energy.

“A greatly expanded electricity supply regime for Nigeria will require a detailed assessment of the recent privatization of the nation’s electricity generation and distribution infrastructure. Additionally, there will be a requirement for the strengthening and expansion of the national grid along with improvement of distribution systems, as well as promoting the development of fuels for gas, coal and nuclear power plants. There is also the need to update both the National Energy Policy and the National Energy Masterplan and pass them into law,” Onuesoke advised.