Japan boosts Nigeria solar energy project with N2bn

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Nigeria Energy outlook

By Victoria Ojeme
ABUJA—The Federal Government, yesterday, received a grant of N2 billion from its Japanese counterpart to support the nation’s drive to boost power generation capacity through solar energy.

A statement by the Japanese Embassy in Abuja said: “Japan donated 0.98 billion Japanese Yen (approximately two billion Naira or 7.84 million US Dollars) for the provision of solar electricity generation systems.

“Concerned by the growing effects of global warming and challenge of power supply, which the G8 and African countries consider as the major impediments to sustainable development, wealth creation and the eradication of poverty, the Exchange of Notes of the project was signed by Mr. Ryuichi Shoji, Ambassador Extraordinary and Plenipotentiary of Japan to the Federal Republic of Nigeria, and Mr. Darius Ishaku, Honourable Minister of State for Power of the Federal Republic of Nigeria.”

“The Grant Agreement, under the Exchange of Notes, was signed between Japan International Cooperation Agency, JICA, and the Federal Ministry of Power in Nigeria.

“Under this project, equipment and materials necessary for economic and social development of Nigeria under principles in accordance with relevant laws and regulations of Japan, including PV module, Power Conditioner and Transformer, will be procured from Japan, while third country products are acceptable for other type of equipment and accessories.

“In this project, Japan will provide solar electricity generation systems for the Umaru Musa Yar’Adua University in Katsina State.”

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