Power: EU earmarks N3.4bn for NESP

Date:

By Etuka Sunday

The European Union on Thursday announced a donation of N3.4bn to deepen Nigerian Energy Support Programme (NESP). The announcement was made at a joint Press Conference by EU, German International Cooperation (GIZ) in collaboration with the Federal Ministry of Power.

Speaking, the EU Ambassador, Michel Arrion, said the fund would help deepen access to electricity in villages that were still not connected to the national power grid.

Arrion said, “These funds show that the EU is committed to ensuring that a greater number of Nigerians get access to electricity, as well as to a lasting partnership with the government and other donors in the power sector.”

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In his address, the Permanent Secretary, FMP, Mr. Godknows Igali, said the fund would be managed by the EU and it would be used to boost solar power technology in Nigeria.

He explained that most of the infrastructure to be developed using the money, would be built in the northern part of the country, adding that the ministry would ensure that the projects were completed on schedule.

Igali said, “Part of the Federal Government’s transformation agenda is to improve the supply and efficiency of electricity for Nigerian households and businesses. This is to improve the livelihoods of the greater population of Nigerians.”

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The Country Director, GIZ, Dr. Thomas Kirsh, said the fund would greatly help in scaling up successful activities aimed at improving access to energy. The Head of Cooperation, EU Delegation to Nigeria and ECOWAS, Mr. Alan Munday, explained that the NESP would improve conditions for

investments in renewable energy, energy efficiency and rural electrification.

He noted that the programme started in 2013 with N2bn support from the German Federal Ministry of Economic Cooperation and Development. According to the EU, the N3.4bn additional funding would allow NESP to continue advising Nigerian institutions on the enabling policy, institutional and regulatory framework conditions on the federal level.

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The union also noted that the fund would also support improved rural electrification planning in five states and set up various demonstration projects, providing business models to increase energy access through sustainable energy resources.

 

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