N/Assembly, NACOP and ECOWAS partner for Powering Africa: Nigeria Investors Summit

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It is hoped that easily accessible data will reduce the barriers to entry in the Nigerian energy space

ABUJA, Nigeria, September 13, 2017/ — EnergyNet  is delighted to partner with the National Council on Power (NACOP) and support their closed government roundtable taking place in Jos this month, hosted by the Federal Ministry of Power, Works and Housing.

Following the roundtable, The Federal Ministry of Power will follow up with investors at the annual ‘Powering Africa: Nigeria’ Investors Summit one week later on the next phase of Nigeria’s energy strategy, with a particular focus on:

Progress on the Power Sector Recovery Program (PSRP) and its implementation strategy.
The Investment Guidelines for Power.

“Hon. Minister Fashola, the Permanent Secretary of Power, Mr. Louis Edozien, Distinguished Senator Abaribe, Chairman of the Senate Committee on Power, Honourable Asuquo, Chairman of the House of Representatives Committee on Power and Mrs. Damilola Ogunbiyi, Managing Director of the Rural Electrification Agency are personally committed to boosting stable power to galvanise Nigeria’s industrial and economic growth, which cannot happen without private sector engagement. From this perspective we’re excited to hear the outcomes of the closed round table in Jos.

I’m also delighted that Mrs. Damilola Ogunbiyi, Managing Director of the Rural Electrification Agency (REA) who is driving a private sector based strategy to reduce barriers to participation in Nigeria’s energy sector will join us to launch and discuss the Nigeria Energy Database (NED). With very solid programmes and announcements being made, I’m excited to be back in Abuja for the meeting in three weeks and to be a part of the government round table in Jos.” – Valeria Aruffo, Regional Manager, EnergyNet.

Mrs Ogunbiyi commented on the NED, “The Nigerian Energy Database (NED) is an initiative of the Rural Electrification Agency (REA), which seeks to provide vital energy/ community/ grid data and encourage transparency in the Nigerian energy industry, by creating a central home for energy statistics and community data collected by government agencies, donors and private entities. It is hoped that easily accessible data will reduce the barriers to entry in the Nigerian energy space”.

High-level engagement from the public and private sector include:

Distinguished Senator Ennyinnaya H. Abaribe, Chairman, Senate Committee on Power, Steel, Development & Metallurgy, The Senate, National Assembly, Federal Republic of Nigeria.
Honourable Daniel Asuquo, Chairman House of Representatives, Committee on Power, National Assembly, Federal Republic of Nigeria.

With the official support of the Federal Ministry of Power, Works and Housing, ECOWAS, REA, TCN, NAPTIN and USTDA, it is important to note that the ‘Powering Africa: Nigeria’ Investors Summit is not an exhibition, but rather a gathering of 300 cornerstone investors and public sector decision makers, focused on the business of getting deals moving forward by openly addressing investor confidence, bottlenecks and fluidity in the market.

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Godwin Okafor is a financial journalist, Internet Social Entrepreneur and the Founder Naija247news Media Ltd He has over 16 experiences in journalism, which cuts across traditional and digital media. He started his journalism career in Business Day, Where he was a senior editorial graphic artist, before he left to start Naija247news, An Online Financial Newspaper in 2010. He has won series of awards and he is the chairman of Emmerich Resources Limited, the publisher of Naija247news.com and also sits on the board of Students In Business Awards, (SIBA).

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