Mr Ketil Karsen, Head of European Union (EU) Delegation to Nigeria and Economic Community of West Africa States (ECOWAS), on Wednesday launched a 30 million Euro sustainable energy investment fund for off-grid and captive power projects in Nigeria. Karsen launched the fund at the 4th Edition of the Nigeria Energy Forum (NEF) in Lagos, tagged: “Upscaling Clean Energy for Sustainable Development”. According to him, the fund will be granted to Renewable Energy (RE) developers in the country, with a focus on the development of off-grid as well as captive projects.
“The EU will be there to work alongside Nigeria as partners in this important challenge. Lack of access to modern, sustainable and affordable energy service can reverse development and result in increased inefficiencies at all levels. Looking at the Nigeria energy sector is absolutely vital. Nigeria has a population growth, a lot of energetic private sector initiative and entrepreneurs in the country. For the EU, this is another opportunity for us to show how much support we are giving to this initiative. We have put aside significant funding. Today, we are launching a new window through what is called Electrification Financing Initiative, (ElectriFI) with 30 million euros, specifically for Nigeria, coming in addition to the 165 million euros we have already provided over the last years. We know this is part of the solution when it comes to development and opportunity in Nigeria.”
Electricity Workers Honor Amb. Igali, Reelect President – The Eagle
At its Fourth Triennial Delegate Conference in Enugu, which is one of the biggest gatherings of power sector workers, the Senior Staff Association of Electricity and Allied Workers awarded Ambassador Godknows Boladei Igali its highest lifetime award on account of his enormous contributions to the growth and stability of the Nigerian Power Sector. In a gathering that attracted leaders of the Nigerian labour movement, including the President of the Trade Union Congress, Comrade Bobboi Bala Kaigama; Comrade Joe Ajero; and Comrade Bede Okpara, Igali was described as a Nigerian of extreme patriotism, integrity and devotion to duty.
Various speakers eulogised the fact that the negotiation of the power sector between government and the labour had hit a gridlock until Igali was transferred to the sector in 2013, during which period he used his rich administrative experience and special diplomatic negotiating skills to clear the blockade and again bring the two sides back to the negotiating table.
The various labour leaders, especially Dr. Chris Okonkwo, President of the Electricity Senior Staff Association, appreciated the fact that Igali also worked out the framework for building of a new approach of the labour movement in a sector which was moving from total government control to private.
Today, the labour movement in the power sector is not just only stronger but had also readjusted to operating in a market economy, Okonkwo said.In his keynote address presented at the occasion, Igali on Nigerians to appreciate the contributions of individual staff of the power sector as they have been operating under very difficult conditions due to the poor funding of the sector in Nigeria in comparison to countries such as India, Brazil and Egypt.