Showing posts with label €24.5m Nigeria. Show all posts
Showing posts with label €24.5m Nigeria. Show all posts

Thursday, March 21, 2013

Germany, EU Commit €24.5m to Nigeria’s Power Reforms



Prof. Chinedu Nebo, Power Minister
•       NLNG gets $360m Korean loan
Chineme Okafor
 
The German Government and the European Union (EU) have expressed commitment to Nigeria’s efforts at liberalising her power sector in the ongoing reform exercise.
Both Germany and EU would to this end, commit a cumulative sum of €24.5 million within the framework of the Nigerian-German Energy Support Programme (NGESP) to foster Nigeria’s efforts in advancing her energy policy and regulatory environment, energy mix with focus on rural renewable electrification as well as energy efficiency and respective institutional capacity development.

ST

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