Power: Nigeria gets 24m Euro grants from EU, Germany

Date: 21-03-2013 12:12 pm (11 years ago) | Author: famuyiwa oluwatosin raphael
- at 21-03-2013 12:12 PM (11 years ago)
(m)
ABUJA—The European Union, EU, and the German Agency, GIZ, have agreed to provide grants worth about 24 million Euro to boost Nigeria’s Energy Support Programme, NESP.

While the EU is willing to offer 15million Euro, the GIZ is offering nine million Euro.

Speaking at the Nigerian–German Energy Programme, Permanent Secretary in the Ministry of Power, Ambassador Godknows Igali, said the proposed grant will assist the Federal Government to achieve  core objective of privatization of the sector.

He said the EU fund would not be utilized to build plants, but could be used to provide pilot schemes and other related projects in at least nine locations spread evenly across the country.

While ensuring the donors that the grants would be judiciously utilized, he said, “We need more support and partnership from Germany and the rest of the world, donor agencies, development partners and the EU as we do not have the capacity to solve the problems alone.”

In the area of capacity building, he said there is a huge gap in practically all aspects of power, hence government in post-privatized power sector must stand firmly to close the gap to realise its privatization objectives.

He added that the energy sector remained the key issue in the German–Nigerian relations, while recalling agreements and Memorandum of Understanding, MoU, signed by the German Chancellor, Angela Merkel and President Goodluck Jonathan, the Permanent Secretary said the Germans will assist in diversifying Nigeria’s energy.

He said the country is naturally endowed with solar, bio mass and hydro energy resources, adding that there are 254 dams in Nigeria, and only a few had turbines provided in their designs; even at that the turbines are not activated, hence they are not in use.

“Noting that the level of renewable energy use in Nigeria is minimal in spite of our endowment, he commended past donor agency’s assistance in providing grant for Millennium Development Goals projects on energy mapping in the 774 Local Government Areas across the country”.

The Permanent Secretary also called action in addressing Nigerian’s deficiency in the areas of human and institutional capacity development.

The Senior Energy Adviser, GIZ, Klans Mitzlaff, in his presentation at the forum called for adequate support for the energy sectors training hub –the National Power Training Institute of Nigeria (NAPTIN), to make it a national centre of excellence for human resources development in the energy sector.

Posted: at 21-03-2013 12:12 PM (11 years ago) | Upcoming
- winace at 21-03-2013 02:23 PM (11 years ago)
(f)
Hmmmmmm I doubt if dis money will duely utilise as promise.
Posted: at 21-03-2013 02:23 PM (11 years ago) | Addicted Hero
Reply
- Ifemylove at 8-04-2013 12:44 AM (10 years ago)
(f)
Quote from: winace on 21-03-2013 02:23 PM
Hmmmmmm I doubt if dis money will duely utilise as promise.

maybe in the next word
Posted: at 8-04-2013 12:44 AM (10 years ago) | Gistmaniac
Reply

fire TRENDING GISTS fire

TODAY'S TOP
  1. BREAKING! CBN Increases Capital Base For Commercial Banks

  2. I Have No Hand in The Killing - Delta Monarch Cries Out After Being Declared Wanted by The Army

  3. Newly Wedded Wife Bathes Husband With Hot Water For Stopping Her From Making Calls

  4. Yul Edochie Takes His Second Wife, Judy Austin To His Village In Anambra

  5. AGAIN! Nigeria Thrown Into Darkness As National Grid Collapses Ahead Of Easter Holidays

  6. Woman Shares Text Message She Received From Her Father After She Missed His Call Twice

  7. How Woman Suffered Organ Failure From Hair Cream Which Caused Her Kidney To Shut Down

  8. 17Yr Old Girl Raped And Strangled To Death By Her Cousin In South Africa

  9. 400L Nasarawa Varsity Student, John Rudeh Declared Missing After Palliative Stampede

  10. Renowned Nigerian Playwright, Wole Oguntokun Is Dead


THIS WEEK
  1. Russia President Putin Shocks Many As He Announces That Jesus And Mary Were Black

  2. Netizens React To Influencer, Enioluwa’s Alleged Leaked S*x Tape

  3. Kim Kardashian Finally Opens Up On Why She Divorced Kanye West

  4. Selena Gomez Shares Sexy Photo As She Put On A Very BUsty Display

  5. Man Videos Himself Taking His Own Life on Facebook Because His Girlfriend Cheated on Him

  6. Photos: Customs Officers Attacked By Suspected Smugglers In Adamawa

  7. "Why I Broke Up With My Girlfriend When I Became A Star" – Singer, Asake

  8. FAAN Shuts Down KFC Outlet At The Lagos Airport Over Discriminatory Treatment of Ex Gov's Son

  9. 44Yr Old Bassirou Faye Wins Senegal's Presidential Election, Defeats 62Yr Old Ex Prime Minister

  10. Stop Harassïng Enioluwa, I'm The One in The Leaked S*x Tape - US P0rn Star, Briggs Speaks (VID)


TOP MEMBERS: