Reliable electricity supply key to economic growth — Expert

The Chairman and Chief Executive Officer of Genesis Energy, Akinwole Omoboriowo, stressed the importance of reliable power in driving economic growth, insisting that partnerships are critical to solving energy challenges.

“In a nation like Nigeria, energy is not just a convenience; it is a necessity. We are committed to offering sustainable solutions that allow businesses to focus on growth, not power disruptions,” he said.

He said that Genesis showcased some of its flagship energy projects, underlining the company’s role in providing cleaner and affordable power to key industries, healthcare facilities, and agricultural enterprises across Nigeria.

“One of the standout examples is the Port Harcourt Refinery project, which houses one of Africa’s largest off-grid Independent Power Producer (IPP) systems. With 84MW already operational, Genesis plans to expand to 334MW, ensuring steady power to both the refinery and surrounding communities.

“For Genesis, these projects represent more than just energy delivery; they’re about driving long-term economic development. We want to fuel growth, reduce energy worries, and help businesses meet their potential without being held back by power issues.

“Our work lights up communities, drives industrial development, and supports Nigeria’s broader energy goals. Together, we are shaping a future where energy concerns no longer limit vision or progress,” he said.

Exhibition Director for Nigeria Energy, Ade Yusuf, said the African region is increasingly becoming a supply house for global economic growth, driven by its rich natural resources and the growing appetite for innovation and investment.

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“Being in the market for 11 years now, the event has adapted to this new reality of the global conversation on sustainability, energy transition, and climate change. Across this dynamic region, energy markets are transforming at an unprecedented pace. In recent years, we have shifted our focus to reflect the growing importance of renewable energy, energy efficiency, and the digitalization of the energy sector,” he said.