The African Development Bank (AfDB) has urged Nigerian policy makers to evolve faster steps towards achieving sustainable improved power supply for the growth of the country’s economy.
Towards this end, it said it is imperative for the Nigeria National Council of Power (NACOP) to move faster in furthering implementation of the adopted Sustainable Energy for All Action Agenda, as agreed on at Council’s last meeting in Kaduna, in July11 to 15.
The Action Agenda, which is an umbrella energy sector of development in Nigeria is said to be working in collaboration with the bank for a goal attainment – economic growth.
On the promise of the Minister of Works, Power & Housing, Babatunde Raji Fashola, that the government had remained committed to a 30% target of renewable energy, in terms of electricity generation by 2030, AfDB said it is still awaiting consistent steps aimed at actualising the programme in subsequent policy initiatives of the government.
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At a recent session of NACOP with ministry officials, policy makers from the national and state levels, members of the national assembly, as well as the private sector, it further deliberated on the best way to improve on the epileptic power supply to save industries from further incurring costs on alternative power supply.
In its position paper, entitled: “Achieving incremental, then stable, then uninterrupted power, “the Minister said government was working towards attaining national response to sustainable development goal on energy, as adopted in September 2015 by the UN General Assembly.
But Daniel-Alexander Schroth, the Africa Hub Coordinator of the bank, said it had responded favourably to a request from Nigerian government to provide technical-assistance support for the development of the project.
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