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EU Promises Financial,Training Support For Nigeriaâ€™s Power Sector
The European Union (EU) said it would help to meet the financial gap in some key capital projects in the Nigerian power sector.
Amb. David Macrae, the leader of the EU delegation to Nigeria, made the promise when he visited the Ministry of Power in Abuja on Tuesday.
Macrae said the EU would support capacity building for the sector, adding that he supported the idea of bringing trainers to the country rather than sending Nigerians abroad for training.
He said it would be cost-effective and would also afford more Nigerians the opportunity to be trained.
Macrae said the EU programme would be on developing Nigeriaâ€™s renewable energy potential, adding that the union was interested in ensuring effective power transmission to the rural areas through rural electrification.
Amb. Godknows Igali, the Permanent Secretary in the ministry, said Nigeria was focusing more on hydro power generation in its new energy mix due to the environmental degradation associated with fossil fuels.
“Apart from being environmentally friendly, small hydro power generation can be transmitted off-grid for use by small, rural communities around the dams.
“There are about 200 dams across the country hitherto meant for irrigation only. They can now be adapted for electricity.â€™â€™
Igali said the concomitant multiplier effect in agricultural value chain included employment generation and the empowerment that would naturally follow.
He assured the delegation that the waste associated with gas flaring would soon be a thing of the past as the Independent Power Projects were designed to take advantage of the gas.
He commended the EU for its unrelenting assistance in critical areas of Nigeriaâ€™s economy.
“We need to leverage resources from EU, World Bank, AfDB and others to develop our renewable energy sub-sector.
“Study has shown that in the North, apart from solar energy, wind energy source abounds.â€™â€™-Leadership