Facebook Twitter Instagram Pinterest YouTube Tumblr LinkedIn RSS
    • About
    • Advertise
    • Contribute
    • Donate
    • Forum
    • Contact
    Login
    InfoStride NewsInfoStride News
    • Home
    • Business
    • Celebrity
    • Crime
    • Nigeria
    • Politics
    • Sports
    • Technology
    • More
      • COVID-19
      • Editor’s Picks
      • Health
      • Opinions
      • Press Releases
      • World
    Subscribe
    InfoStride NewsInfoStride News
    Home»News»African News»West African News»Nigeria News»Power Minister signs MoU with Americans, Chinese on projects

    Power Minister signs MoU with Americans, Chinese on projects

    Nigeria News By FRN NewsAug 6, 2014No Comments3 Mins Read
    Facebook Twitter WhatsApp Pinterest LinkedIn Tumblr Email Reddit VKontakte

    Min of PowerABUJA (Power Ministry Report) – The Minister of Power, Chinedu Nebo (Professor) has signed a Memorandum of Understanding (MoU) with the Power Africa Initiative, USAID and the LEEC – Chinese Company on projects that will fast-track the nation’s quest for increased access to power for domestic and industrial uses.

     

    While speaking at the signing ceremony, the Minister said that the Nigerian Government is grateful for the Power Africa Initiative and President Barrack Obama for considering Nigeria as one of the 6 beneficiaries in the first phase of the programme. He added that the Nigeria – U.S relations have spanned centuries, recalling that President Goodluck Jonathan’s Administration has a good number of American trained professionals in his cabinet.

     

    According to him, Americans have staged a significant role in the power sector as they have maintained embedded professionals as advisors in the Nigerian Electricity Regulatory Commission (NERC) and the Nigerian Bulk Electricity Company (Bulk Trader). The Minister also acknowledged the role of the private sector and NGOs of American origin, USAID as well as General Electric, saying they have formed formidable alliance in the nation’s quest to chase out darkness.

    See also  Mapping essential tool for sustainable development - Surveyor General

     

    He appealed to the Americans to still do more for Nigeria, especially in the area of capacity building, just as he recognized the role of the Americans in helping to build a critical mass of professionals that would maintain and repair power plants.

     

    “In the area of metering, a lot of gap still exists. We will appreciate more U.S – based companies to come and invest,” he said, assuring them of a level playing ground. He added that the target of the Power Africa Initiative in the first tranche of provision of basic electricity needs for 20 million will be achieved.

     

    Earlier, after the exchange of the signed document, the U.S Ambassador to Nigeria, James Entwistle noted that the MoU will no doubt co-ordinate the implementation of the Power Africa initiative. Adding, this underscores President Barrack Obama’s recognition of the importance of electricity to the economic development of emerging economies like Nigeria.  He assured that his country will step up support for institutional reforms, privatization and the regulation of the Nigeria power sector.

     

    James Entwistle further averred that since assumption of duty, every conversation, formal and informal has been centred on power. He described the MoU signing as historic, indicating that the event will soon put an end to the phenomenon of generator noise in the country.

    See also  Transparency Is The Cardinal Pillar Of Buhari’s Presidency - Osinbajo

     

    In his welcome address, the Permanent Secretary of the Ministry, Godknows Igali described the signing of the MoU as an opportunity to consolidate and strengthen the nation’s power sector through robust support to building the institutions and human capacity required to drive the power sector reform.

     

    In a related development, the Minister of Power also signed a MoU with the Chinese company – LEEC led by Huang Xueli and its Nigerian partner, Sam Anyamele to build a power generation plant that will contribute to electricity provision in Nigeria.

     

    According to Huang Xueli, the Chinese company which specializes in engineering procurement contracting has been in Nigeria for decades, building power plants, transmission lines, sub-stations and even mobile sub-stations. He further stressed that with the proposed project in Nigeria, items hitherto manufactured in China will be produced locally in Nigeria.

    Support InfoStride News' Credible Journalism: Only credible journalism can guarantee a fair, accountable and transparent society, including democracy and government. It involves a lot of efforts and money. We need your support. Click here to Donate

    Federal Government of Nigeria Federal Republic of Nigeria Nigeria News Nigerian News
    Share. Facebook Twitter WhatsApp Pinterest Reddit Tumblr VKontakte Email LinkedIn

    Related Posts

    Tinubu’s victory: Peter Obi ungrateful, I never worked against him – Wike

    Mar 22, 2023

    Abia guber: Alex Otti reacts as INEC declares him governor-elect

    Mar 22, 2023

    2023 elections show Ayu is politically irrelevant, I won’t leave PDP – Wike

    Mar 22, 2023

    Tenth NASS: I want to be Senate President – Umahi

    Mar 22, 2023
    Add A Comment

    Comments are closed.

    Get Social with Us
    • Facebook
    • Twitter 6.5K
    • Pinterest 92
    • Instagram
    • YouTube
    Latest Posts

    I Don’t Regret Not Getting Vaccinated Despite The Consequences – Djokovic

    Mar 23, 2023

    Whatever England Has Achieved In The Past Is Irrelevant Ahead Of Euro 2024 – Gareth Southgate

    Mar 23, 2023

    Send Funds While You Admire The Beauty – Toke Makinwa

    Mar 23, 2023

    My 2nd MUFC Experience Was The Toughest Phase Of My Career – Ronaldo

    Mar 23, 2023

    Subscribe to Updates

    Get the latest breaking news straight into your inbox!

    Random News

    Vardy Named Football Writers’ Footballer Of The Year

    May 2, 2016

    Selectica Enters Into Agreement to Acquire Iasta

    Jun 5, 2014

    Mercy Johnson Shares Hot New Photos From Movie Set With Ex-beauty Queen

    Aug 3, 2015

    KMT-Hansa Appoints New Director

    Jun 13, 2014

    InfoStride News delivers the latest breaking news, Nigeria news, world news and top stories on business, celebrity, entertainment, politics, sports, technology and more. Experience the best of in-depth coverage, special reports, football highlights, political opinions, crime watch, celebrity gossips etc.

    GooglePlay Store Button

    Support InfoStride News' Credible Journalism

    Credible journalism involves a lot of efforts and money; and can guarantee a fair, accountable and transparent society, including democracy and government. We need your support to continue offering free access to our loyal readers and visitors like you.

    Click here to Donate

    Facebook Twitter Instagram Pinterest YouTube Tumblr LinkedIn RSS
    • Our Terms
    © 2023 InfoStride News. All Rights Reserved.

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

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Continue with Facebook
    Continue with Google
    Continue with Twitter
    Lost password?