Amosun calls for unbundling power sector as UE commits €150m in Nigeria

 
Tue Feb 13th, 2018 - Ogun
 

By Daud Olatunji

OGUN State Governor, Senator Ibikunle Amosun has called for the legislation that will unbundle the energy sector, currently in the exclusive list of the Federal Government.

Governor of Ogun State, Senator Ibikunle Amosun

The governor said this over the weekend during the inauguration of 85KWP Solar Hybrid Mini-Grid Project in Gbamu-Gbamu village in Ijebu East Local Government Area of the state.

According to Amosun, the legislation would provide a clear framework and set boundaries for the involvement of states, local government authorities and private investments in the energy sector.

“Let me seize the opportunity to appeal to all relevant stakeholders to work toward proper legislation for the participation of state and local government authorities, and private investors in the energy industry. This will provide a clear framework and set the boundaries for the involvement of each participant in the generation, transmission and distribution of power.’’

The programme was jointly financed by the European Union and German Government under the Nigerian Energy Support Programme of the Federal Government.

Also, the European Union representative in Nigeria, Kurt Cornelius said the project is in line with the priorities of the Union in Nigeria, saying alternative energy remains the only solution to energy problem in the country. Cornelius said about 45per cent of Nigeria’s population are not connected to electricity while about $13 billion is used on fueling generating sets on yearly basis.

According to him, €150 million has been committed to providing electricity in Nigeria with a focus on green and renewable energy.

He said: “We need to look at the importance of this energy support intervention in the concept of Nigeria. You will all agree with me that Nigeria is facing serious energy problems with about 45 per cent still without access to electricity and those connected experience frequent power outage.

“Nigerians spent $13 billion a year on private diesel generators in order to compensate for the electricity shortages. About 86 per cent of the companies in Nigeria run or share a generator and about 48 per cent of total electricity demand is covered by these private generators.

 
 

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source: Vanguard