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Home News

Nigeria in deal with Egypt to boost power supply

Power

The Matters Press by The Matters Press
January 24, 2022
Reading Time: 1 min read
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The Minister of Power, Abubakar Aliyu, has held a follow-up meeting with Egyptian authorities in an effort to boost electricity supply, including renewable energy in Nigeria.

During the talks with the Egyptian Ambassador to Nigeria, Ihad Awad , which held in Abuja, Aliyu affirmed the commitment of the federal government to see that Nigerians have efficient power supply in the nearest future.

He informed the meeting that the government of Nigeria signed a power project deal with Siemens AG, a Germany-based firm in 2019, which he said has brought together Nigeria’s ministry of power, Bureau of Public Enterprises (BPE), Nigerian Electricity Regulatory Commission (NERC), the Transmission Company of Nigeria (TCN) and the Electricity Distribution Companies (Discos) in search of solutions to the country’s power challenges.

“The deal is to deliver up to 25,000 megawatts (MW) of electricity to the national grid in phases and the federal government desires more of such partners,” he explained.

Aliyu stated that the anticipated area of cooperation between Egypt’s ministry of electricity and renewable energy and Nigeria’s federal ministry of power may include the areas of provision of technical support in transmission and distribution networks, promotion as well as in the renewable energy system in the electricity sector.

Responding, the Egyptian Ambassador, Awad, said the country and Nigeria will complement each other and highlighted the government’s efforts to see improvement in the energy sector.

Describing electricity as the engine of development, he stated that both countries are working to ensure the realisation of a Memorandum of Understanding (MoU) on the areas of collaboration.

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