The United States Agency for International Development (USAID) and the Federal Ministry of Power signed a N115 billion memorandum of understanding to secure Nigeria’s commitment to electricity sector reforms, market transparency, liquidity, and expanding access to affordable power.
Under the MoU, USAID will support the implementation of a N115.2bn US government grant-funded technical assistance programme intended to support power sector development and reforms in Nigeria.
The MOU was signed by USAID/Nigeria Mission Director, Melissa Jones, and the Permanent Secretary, Federal Ministry of Power, Mahmuda Mamman.
Jones reiterated the US government’s commitment to advancing electrification in Nigeria.
The US government’s Power Africa Coordinator, Richard Nelson, observed the signing ceremony, during his first official visit to Nigeria.
He pointed out that Nigeria is at the core of Power Africa’s strategy and expressed optimism over elevating the partnership to advance Nigeria’s progress towards the shared goal of ensuring access to reliable, sustainable affordable power for all.
Minister of Power, Adebayo Adelabu, expressed gratitude for USAID’s continued support, emphasising the collaboration’s transformative potential.
