Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    Ecobank Gains as Investors Ramp Up Shares Ahead of Q3 Earnings

    October 19, 2026

    Access Holdings Slips, Equity Analysts Estimate 40% Upside Potential

    October 19, 2026

    AXA Mansard Slides to N99 Billion, 41% Below 52-Week High

    October 19, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Ecobank Gains as Investors Ramp Up Shares Ahead of Q3 Earnings
    • Access Holdings Slips, Equity Analysts Estimate 40% Upside Potential
    • AXA Mansard Slides to N99 Billion, 41% Below 52-Week High
    • FirstHoldco Downtrend Extends over Weak Buying Conviction
    • Banking System Surplus Liquidity Tops N6trn Ahead of Huge Inflows
    • DMO to Open N1.75trn Nigerian Govt. Bonds for Subscription
    • XRP Falls to $1.26 as Investors React to Ripple Payments Crash
    • Naira Falls Against US Dollar, NFEM Rate Closed at NGN1332
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Monday, October 19
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » MarketForces News » Nigeria Ripe for Nuclear Power to Boost Electricity Generation – NAEC

    Nigeria Ripe for Nuclear Power to Boost Electricity Generation – NAEC

    Marketforces AfricaBy Marketforces AfricaMay 3, 2024 News No Comments3 Mins Read
    Nigeria Ripe for Nuclear Power to Boost Electricity Generation – NAEC
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    Nigeria Ripe for Nuclear Power to Boost Electricity Generation – NAEC

    The Nigeria Atomic Energy Commission (NAEC) in collaboration with the Centre for Energy Research and Training (CERT), Ahmadu Bello University (ABU), Zaria would deploy nuclear science and technology to strengthen electric power generation in Nigeria.

    Prof. Yusuf-Aminu Ahmed, Chairman of NAEC disclosed this during the 20th Anniversary Symposium of Nigeria’s first Nuclear Research Reactor-1 (NNR-1) in Zaria on Thursday.

    Ahmed said the experience developed over the years on nuclear power at the centre makes Nigeria ripe and ready to go into the next level of power generation through the nuclear reactor.

    “We have used the reactor for research and development over the years and now we are going to use the reactor to generate electricity.

    “President Bola Tinubu has already given the commission a mandate to see how it contributes to the clean energy sphere of Nigeria and the nuclear energy programme of Nigeria would participate,’’ Ahmed said.

    He explained that the time for the project would not be open for the public; however, Ahmed added that international partners and vendors were working closely with the commission over the project.

    He also said that intergovernmental agreements were signed with some of the vendors on the nuclear power in Nigeria and very soon President Tinubu would make an announcement on the issue.

    Earlier, Sen. George Akume, Secretary to the Government of the Federation said the 20 years of safe operation of the nuclear research reactor was an indication that Nigeria has joined the campaign for safe application of nuclear energy.

    Akume, represented by his Special Assistant on Technical Issues, Prof. Bolaji Babatunde, added that since the centre had safely operated the nuclear research reactor for 20 years, it could also obtain a nuclear reactor for electricity generation.

    According to him, the process of having a reactor that would generate electricity is similar to operating a nuclear research reactor.

    “President Tinubu has re-echoed the need for having nuclear energy as the source of electric power generation in Nigeria and Nigerians should look forward to this power.

    “Electricity generated through nuclear energy is clean and safe except for human errors or natural causes such as the one that happened in Hiroshima,’’ he said.

    Earlier, Prof. Sunday Jonah, Director of the centre said the event was to celebrate 20 years of safe operation, maintenance and utilisation of the first Nuclear Research Reactor code-named NNR-1.

    However, despite the numerous gains at the centre over the years, the Director lamented over a plot by NAEC to wrestle the centre from the university through the proposed NAEC Bill 2022.

    He explained that such a move would negate the dreams of the founding fathers who established the centre in universities because of the culture of research and development being promoted at designated universities. Crude Oil Prices Increase over Tight Supply Outlook

    Nigeria
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Marketforces Africa
    • Website
    • Facebook
    • X (Twitter)
    • Instagram
    • LinkedIn

    MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

    Keep Reading

    Ecobank Gains as Investors Ramp Up Shares Ahead of Q3 Earnings

    Access Holdings Slips, Equity Analysts Estimate 40% Upside Potential

    AXA Mansard Slides to N99 Billion, 41% Below 52-Week High

    FirstHoldco Downtrend Extends over Weak Buying Conviction

    Banking System Surplus Liquidity Tops N6trn Ahead of Huge Inflows

    DMO to Open N1.75trn Nigerian Govt. Bonds for Subscription

    Add A Comment

    Comments are closed.

    Editors Picks

    Ecobank Gains as Investors Ramp Up Shares Ahead of Q3 Earnings

    October 19, 2026

    Access Holdings Slips, Equity Analysts Estimate 40% Upside Potential

    October 19, 2026

    AXA Mansard Slides to N99 Billion, 41% Below 52-Week High

    October 19, 2026

    FirstHoldco Downtrend Extends over Weak Buying Conviction

    October 19, 2026

    Banking System Surplus Liquidity Tops N6trn Ahead of Huge Inflows

    October 18, 2026
    Latest Posts

    Ecobank Gains as Investors Ramp Up Shares Ahead of Q3 Earnings

    October 19, 2026

    Access Holdings Slips, Equity Analysts Estimate 40% Upside Potential

    October 19, 2026

    AXA Mansard Slides to N99 Billion, 41% Below 52-Week High

    October 19, 2026

    FirstHoldco Downtrend Extends over Weak Buying Conviction

    October 19, 2026

    Banking System Surplus Liquidity Tops N6trn Ahead of Huge Inflows

    October 18, 2026

    Subscribe to News

    Get latest news from MarketForces Africa...

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.