Nigeria Needs More Funding For Renewable Energy Projects – Minister

August 5, 2021
Goddy Jedy Agba
Goddy Jedy Agba

Minister of State for Power, Goddy Jedy Agba.

Nigeria needs more funding from donor agencies and international partners to boost the renewable energy sub-sector in the country.

Join our WhatsApp Channel

Minister of State for Power, Goddy Jedy Agba, made this known at a roundtable conference between Nigeria and Senegal. The meeting was convened to help Nigeria and other West African countries develop their energy and power sector.

Agba explained that “President Buhari has deliberate strategic policies to develop the power sector in Nigeria using domestic and international power sector models to ensure a regular and steady supply of electricity in the country.

The directive on ensuring that six million homes are provided with electricity meters under the national mass metering program is yielding result.”

The Minister noted that the West Africa power pool is designed to light every home in the sub-region, adding that it is strategic enough to unlock the economic potential of member countries.

Aissatou Sophie Gladima, Senegal’s minister of energy resources, declared that she is in Nigeria to seek collaboration in areas of competence to strengthen the energy sector in her country.

She said it will be a win-win situation if Nigeria strengthens its economic ties with Senegal.

+ posts

Featured Stories

CBN, Policy Shifts and Economy

By Arize Nwobu The Central Bank of Nigeria (CBN) has worked dedicatedly alongside the federal government and implemented policy shifts towards the

Latest from News

Court to Rule on Tinubu’s Emergency Powers in Rivers State

A Federal High Court in Abuja has fixed 9 March for judgment in a lawsuit challenging President Bola Tinubu’s authority to remove elected state officials during the state of emergency imposed in Rivers State last year. Justice James Omotosho set the date

Abuja Residents Get Two-Week Water Lifeline

Residents of Nigeria’s capital, Abuja, are expected to see a temporary return of public water supply after electricity was restored to the Federal Capital Territory (FCT) Water Board, following days of disruption that affected households across the city. The Abuja Electricity Distribution

My Focus Is on Fixing Abia, Not 2027 Elections – Otti

Abia State Governor, Alex Otti, has reiterated that his administration will not be distracted by early politicking ahead of the 2027 general elections, insisting that his priority remains rebuilding the state and delivering tangible development to the people, Prime Business Africa reports.
CUTIX Plc
Previous Story

Stock Exchange: CUTIX Leads 16 Gainers, SOVRENINS Tops 19 Losers

Sanwo Olu 1
Next Story

Lagos Divert Marina, National Theatre Traffic For 221 Days

Don't Miss

Qatar 2022: How France Rated Against Morocco

France, the defending World Champions, overcame the African challenge posed
Valentine's Day

Valentine’s Day: The History Behind the Romance

Every February 14, the world turns red with love, and