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Brazil lauds local power privatisation

15 October 2013, 10:53Henry Ifeanyi

Lagos - A Brazilian government delegation commended Nigeria over its recent efforts at transforming the power sector through privatization.

Deputy Minister of Development, Industry and International Trade, Ricardo Shaefer, who led the delegation to a meeting with local Power Minister, Prof. Chinedu Nebo, said Nigeria had shown through the successful privatization of the power sector that it was committed to resolve its energy problems, which had hampered development.

He said the mission of the group is to identify the challenges faced by Nigeria in the sector with a view to assisting in proffering workable solutions.

Nebo thanked the delegates for visiting the country.

He solicited for assistance from the Brazilian government, saying that Nigeria still needed more investors to achieve its power sufficiency vision.

The Minister also requested for synergy and co-operation of the Brazilians in Nigeria’s quest to ensure every citizen had access to electricity.

“Brazil has not penetrated enough in our on-going sales of power assets. We are prepared to link the country with Nigerian partners, so that we can benefit from their expertise in generation, distribution, technology access and capacity building,” said Nebo

“Brazil has done well in many aspects of electricity especially in big hydro, biomass, solar, wind and coal. Nigeria intends to learn from the experience of Brazil, as the country has already leap frog in the attainment of development goals.”

Commenting on rural electrification, Nebo said the leadership shown by Brazil in that regard had provided hope Nigeria would overcome its developmental challenges.

The minister added that the nation’s target of moving from over 4 000 megawatts to 40 000 megawatts in the next seven years would require concerted efforts from international partners.

He noted that there are opportunities in the planned expansion of generation capacity, which will attract specialised companies interested in cables, switches and transformers were all welcome in a market he described as huge.

“We are interested in Brazil. We want to share from the knowledge and experience of Brazil in renewables, the reform process and training of our young engineers,” he said.

– CAJ News



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