– The Federal Government has disclosed it willingness and readiness to partner with private sector investors on alternative power
Vice Pres. Yemi Osinbajo in a recent statement has disclosed the Federal Government plans on how it intends to improve power supply in the country.
The Vice Pres. in his statement made it known that the Federal Government is opened and willing to partner with private sectors who are ready to not just invest in oil and gas but also in the power sector.
He disclosed that the Federal Government welcomes alternative power from the private sector.
Prof. Yemi Osinbajo made this known on Tuesday at the Presidential Villa in Abuja when he received the Chairman/CEO of Total Group, Mr. Patrick Pouyanne, and his delegates on a courtesy visit.
The Vice Pres. in his statement said that there are lot of works that has been done to provide power alternatives like solar power. He however hinted that the Federal Government has ”done quite a bit through the Energizing Economies Initiative, to provide electricity to Nigerians in economic clusters.”
He added that, “It would be interesting to see some pioneering efforts in this area of renewable energy; it is a good opportunity to do something in this area and would be a major contribution to Nigeria’s energy needs.”
Vice President Yemi Osinbajo as well applauded the Total group for their contribution to the growth of the economy through their increased local content, he however, disclosed that he hoped for a better relationship between the group and the Federal Government.
In a response, the CEO of Total Group, Patrick Pouyanne disclosed that the Group’s ”commitment to the country is strong and we have the ambition to continue to be a long partner with Nigeria. Total is a leader in solar (energy) and we want to invest in all these fields in Nigeria.”