Investor Presentaiton

Energy: Sector aspirations Power ■ Increase power generation to 20GW by 2018 and to 350GW by 2043, with focus on gas as the immediate priority, and adding renewable sources after 2023 Strengthen and increase transmission capacity, with immediate focus on the national backbone ■ Increase distribution capacity, with priority placed on making power available for industrial users and reducing distribution losses Finalise privatization of power generation and distribution, and extend privatization to include NIPP assets Build capabilities, increasing human capacity 20 times by 2023 and 40 times by 2043 Oil & Gas Provide gas distribution infrastructure to increase gas utilization ■ Increase capacity in oil/gas production. Increase refining capacity to fully meet national demand Intensify exploration activities. Increase the percentage of capital expenditure in-country ■ Increase bulk storage capacity for oil and gas ■ Increase the capacity of the ☐ pipeline network Increase the use of sustainable fuels Establish links to the regional gas network (West African Gas Pipeline, Nigerian phase of the trans-Saharan gas pipeline) SOURCE: Energy TWG 49

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