US energy group plans to inject 250MW to national grid



Minister of Power, Prof. Chinedu Nebo, has described the planned injection of 250MW of electricity into the national grid by Missouri American Energy, USA, as a great and feasible feat.

He also noted that with the reduced amount needed for the project, when compared with larger power projects, it would provide energy quicker and boost the provision of power nationwide.

The minister who was speaking Thursday at the signing ceremony of Memorandum of Understanding (MoU) between the company and the Federal Government said, “we are desirous of access to power, and Nigerians are hungry for its supply and as such are ready to swallow any amount of energy offered to us.”

According to him, the company’s siting of the gas-fired plant in Rivers State, a hub for gas was a welcome development, as it would eliminate the threat of vandalism to its plant given the people’s receptive attitude towards public assets.

He, however, called for investment in smaller quantum to enable the country quickly realise its vision of “access to power-for-all” and further advised the company to cash in on the provisions of the Africa Power Initiative of President Obama as well as liaise with General Electric (GE) for the purpose of firming up a buy-in into its recently launched sponsorship programme for investors in the power sector.

He reiterated his team’s dogged passion in the actualisation of the power sector’s vision of “electricity for all Nigerians in the shortest possible time,” while assuring the company and other would-be investors of every necessary support in the realisation of their goals for the sector.

Source : SunOnline

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