Nigeria’s quest for a stable power grid got a major boost on Wednesday with the signing of a N115.2 billion (U.S.$81.9 million) deal between the Nigerian government and the United States Agency for International Development (USAID). This agreement unlocks a massive grant to fund critical reforms and electrification projects across the country.
The deal, sealed with a handshake between USAID’s Nigeria chief Melissa Jones and Minister of Power Adebayo Adelabu, throws N115.2 billion at revamping Nigeria’s power woes. This grant-funded program aims to be a game-changer, pushing Nigeria towards a future with reliable and affordable electricity for all.
But the focus isn’t just on flipping the switch on more lights. The initiative focuses on cleaning up the system by strengthening regulations and boosting the capabilities of power sector institutions. The goal is to create a transparent and efficient market, paving the way for more private investment and fostering growth throughout the sector.
This partnership is part of the Power Africa program, which aims to double access to electricity on the continent by 2030. For over a decade, the U.S. government’s Power Africa initiative has made significant gains across Africa, helping nearly 200 million people gain access to electricity.
Both sides are committed to making this program a success in Nigeria. USAID’s Power Africa boss, Richard Nelson, emphasized the U.S. government’s dedication to lighting up Africa. Nigerian officials, including Minister Adelabu and Permanent Secretary of the Ministry of Power Mahmuda Mamman, are determined to turn these interventions into real improvements for Nigerians.
—Ezinwanne Onwuka reports for TruthNigeria from Abuja.
