FGN, United State Trade And Development Agency, General Electric And NNPC Sign $1.1million Grant To Support Electricity Infrastructure Development In Nigeria
The Federal Government and United State Trade and Development Agency have signed a $1.1million grant to support electricity infrastructure development in Nigeria.
The agreement was penned at the ongoing Nigeria International Petroleum Summit in Abuja, yesterday with the theme
Widening the integration Circle: Technology, Knowledge, Sustainability Partnership.
Mr Thomas Hardy, Director, U.S Trade and Development Agency (below) revealed that the agency was proud to sign the grant with Nigeria
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He said that the grant was another demonstration of the American government’s commitment to ensuring infrastructural development across the globe.
“Nigeria is the largest population in Africa and we are proud of investing in the energy sector in the largest African nation to provide power to the rural communities,”
He revealed that the grant would be used for a feasibility study of the Independent Power Projects (IPP) and other infrastructure development in the energy sector.
He further informed:
“The grant is part-funding for the NNPC Abuja IPP modelled to generate 1,350 MW” he said
He said that General Electric (GE) would provide all the technology for the IPP project.
Hardy reiterated the agency’s commitment to partner with Nigeria to ensure electricity was accessible to all Nigerians.
In his own remarks, the Group Managing Director of the Nigerian National Petroleum (NNPC), Malam Mele Kyari, (below) said that the Nigerian energy deficiency could be corrected with partnership among stakeholders.
He said the grant would help to ensure that power was delivered to Nigerians for economic growth and development.
He said that the NNPC and the oil and gas sector had all it takes to deliver power with a relevant framework in place.
According to him, gas remains the cheapest source of power and efforts must be made to stop flaring it in the country.
We quote him:
” We have gas in abundance, we must create an infrastructure that will help create gas for power generation.
” We need the power to create jobs and we must create prosperity so that we can have peace in our country.
” We are grateful for this grant,”.
Mrs Mary Leonard the US Ambassador to Nigeria signed on behalf of the U.S. and Kyari signed for the Federal Republic of Nigeria.