Nigeria : World Bank to provide $200m for renewable energy
on 2010/6/3 10:33:00
Nigeria

20100602
Africa Good News

The World Bank has said it is committing over $200 million towards the implementation of renewable energy projects in Nigeria towards enhancing access and rural electrification as part of its commitment to the nation's power sector.

The Bank's Country Director, Mr. Onno Ruhl, who disclosed this at a Rural Electrification and Renewable Energy workshop organized by the Ministry of Power and the World Bank, in Abuja, noted that all problems in the Nigerian electricity sector can not be solved by conventional sources or grid extensions.

According to Ruhl, the World Bank is committed to engaging the Nigerian governments at both Federal and state levels towards finding ways to bring electricity to "the many Nigerians who cannot be talking about having no light because they don't even have connections to their homes."

"We want to initiate technologies that would bring faster solutions; it would involve a menu of solutions for Nigeria's power problem, because one of the problems that we have in Nigeria is that so much depends on this option of generating electricity exclusively from gas-powered thermal plants and hydro-generated power," he stated.

Previous article - Next article Printer Friendly Page Send this Story to a Friend Create a PDF from the article


Other articles
2023/7/22 15:36:35 - Uncertainty looms as negotiations on the US-Kenya trade agreement proceeds without a timetable
2023/7/22 13:48:23 - 40 More Countries Want to Join BRICS, Says South Africa
2023/7/18 13:25:04 - South Africa’s Putin problem just got a lot more messy
2023/7/18 13:17:58 - Too Much Noise Over Russia’s Influence In Africa – OpEd
2023/7/18 11:15:08 - Lagos now most expensive state in Nigeria
2023/7/18 10:43:40 - Nigeria Customs Intercepts Arms, Ammunition From US
2023/7/17 16:07:56 - Minister Eli Cohen: Nairobi visit has regional and strategic importance
2023/7/17 16:01:56 - Ruto Outlines Roadmap for Africa to Rival First World Countries
2023/7/17 15:47:30 - African heads of state arrive in Kenya for key meeting
2023/7/12 15:51:54 - Kenya, Iran sign five MoUs as Ruto rolls out red carpet for Raisi
2023/7/12 15:46:35 - Ambassador-at-Large for Global Women’s Issues Gupta Travels to Kenya and Rwanda
2023/7/2 14:57:52 - We Will Protect Water Catchments
2023/7/2 14:53:49 - Kenya records slight improvement in global peace ranking
2023/7/2 13:33:37 - South Sudan, South Africa forge joint efforts for peace in Sudan
2023/7/2 12:08:02 - Tinubu Ready To Assume Leadership Role In Africa
2023/7/2 10:50:34 - CDP ranks Nigeria, others low in zero-emission race
2023/6/19 15:30:00 - South Africa's Ramaphosa tells Putin Ukraine war must end
2023/6/17 15:30:20 - World Bank approves Sh45bn for Kenya Urban Programme
2023/6/17 15:25:47 - Sudan's military govt rejects Kenyan President Ruto as chief peace negotiatorThe Sudanese military government of Abdel Fattah al-Burhan has rejected Kenyan President William Ruto's leadership of the "Troika on Sudan."
2023/6/17 15:21:15 - Kenya Sells Record 2.2m Tonnes of Carbon Credits to Saudi Firms

The comments are owned by the author. We aren't responsible for their content.