Canada To Participate In Nigeria’s Energy Sector

The Canadian High Commissioner to Nigeria, Mr Chris Cooter,  says his country will participate in certain areas of Nigeria’s energy sector.

A statement issued on Wednesday in Abuja by  Head, Media and Public Relations in the Ministry of Power, Mr Greyne Anosike said the envoy announced this when he visited the Minister, Prof. Barth Nnaji.

Cooter, according to the statement, said there were indications that Nigeria had the capacity to lead the world, adding that new initiatives were unfolding in the country’s power sector.

He said the Canadian government would complement Nigeria’s efforts to overcome its electricity challenges.

The envoy said Canadian investors would soon visit Nigeria to bid for certain areas of the nation’s power sector, especially hydro-electric power, where it had the highest comparative advantage in the world.

In his response, Nnaji said Nigeria was ready to partner with Canada on the Mambilla and Gurara hydro-electric power projects.

The minister, according to the statement, said the hydro power projects were expected to jointly produce 3,300 megawatts of electricity.

He also said the Federal Government would encourage state governments to be involved in the sector.

Nnaji, who said the reforms in the sector had institutional and legislative backing, noted that they were carefully being implemented to avoid the loopholes that ruined past efforts in the industry.