Fed Govt signs power station MoU

By IAfrica
In Nigeria
Jul 25th, 2014
0 Comments
107 Views

The Federal Government and the United States (U.S) governments signed yesterday a memorandum of understanding (MoU) on 1,500 megawatts (MW) gas/fuel power station and 70MW solar panel station.

The U.S said the 70MW power generating station would be used in rural areas and last for 30-50 years, if properly maintained.

It said the solar power station would consolidate and strengthen the Power sector.

The Minister of Power, Prof. Chinedu Nebo, saigned both pacts for the Federal Government while the U.S Ambassador to Nigeria, Amb. James Entwistle, signed for his country.

Nebo said: “With regard to the Power Africa Initiative, when President (Barack) Obama visited Africa last year, he decided that in the first phase, six African countries would be the beneficiaries of the initiative. Nigeria happens to be one of them. Nigeria and the U.S have had very good relationship in the past.

“Through the USAID, the United States government has provided professional advisory works for many areas of our Power sector. Some of the policies that came out are being bestowed…

“The USAID has been in the forefront of policy making, backing up the Nigerian electricity trading company as well as the Nigerian Electricity Regulatory Commission. Together, we can say that the journey so far is a very decent one…”

Entwistle said: “I’m struck that almost every conversation I have with every Nigerian always comes down to the problems in the Power sector, which defines everything in this country and the rest of Africa.

“A good number of people around the world, including Nigeria, do not have access to reliable electricity. Power Africa Initiative is not just about electricity. It is about the power to transform lives. The access to electricity will increase the number and variety of jobs and decrease poverty, better health care, better access to education that will improve the economy…”


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