Nigeria: Anambra Requires 1,000 Megawatts of Electricity to Power Its Growing Economy - Soludo

What the report says

Anambra State Governor Chukwuma Soludo said the southeastern state needs about 1,000 megawatts of electricity to support its expanding economy, according to a report carried by Vanguard and distributed by AllAfrica. He made the remarks in Awka at an electricity market investment roundtable organized by the Anambra State Electricity Regulatory Commission.

Soludo said the state currently receives only around 120 megawatts, a shortfall he described as a serious constraint on manufacturing and broader economic growth. He framed the gap as both a development problem and an opening for private investors, urging participants to move from discussion to a practical roadmap for expanding supply. He also pointed to planned projects such as a mixed industrial city and an aerotropolis as areas that could benefit from stronger power infrastructure.

The article said the governor reiterated his administration’s support for private-sector participation in electricity and effectively invited investors into the state’s power market. ASERC chairman Frank Okafor welcomed the initiative and said the roundtable was meant to identify workable solutions to the deficit.

The report also quoted former NCC chairman Ernest Ndukwe, who said Soludo appeared capable of driving reform and suggested government equity participation in power companies could help attract investment. In general, the piece reflects a broader Nigerian challenge: reliable electricity remains a major barrier to industrial development, making state-level reform efforts closely watched by investors and businesses.