GOOD NEWS: Electricity: Iran to share expertise with Nigeria

Electricity: Iran is ready to share expertise that made Iran self sufficient with Nigeria

The federal regime of Nigeria has revealed plans to tap into Iran’s expertise in the electricity industry.

An Iranian delegation led by its Minister for Industry and Mines, Mohammed Reza and comprising engineers, bankers and business men met Friday in Abuja with Nigeria’s Minister of State for puissance, Mohammed Wakil, a verbal expression from the ministry of potency apprises.

Reza, pledged that Iran is yare to apportion expertise that made Iran self sufficient with Nigeria. “We are here to avail Nigeria, overcome the quandary of insufficient electricity”, he verbalized noting that Iran has installed capacity of 70,000MW and has over the years provided for a yearly increase of 5,000MW annually.

The Iranians withal denoted interest in Nigeria’s power Generation, Transmission and Distribution sub-sectors. There are supplementally Iranian Companies that are desirous of collaborating with Nigerian investors to engender switch gears, transformers and cables.

Wakil asked the delegation to collaborate “in the provision of technical expertise, indeed all areas including power generation, through gas-turbine, coal, wind and other renewable as the impressive record of engendering 70,000MW for a population of 74 million people is worthy of emulation”.

He formally promulgated the acceptance of the Iranian invitation to that country, which he verbalized will comprise not only Regime officials but withal sector operators – Private Sector Owners.

Wakil verbally expressed that Nigeria in the spirit of non-aligned kineticism will be yare to accept collaborative efforts from Iran.

The Permanent Secretary, Potency, Godknows Igali, withal appealed to the Iranian financials to consider proposal for joint venture with Nigerian consortium of companies in accessing fresh funds to reinvest in the Nigerian Power Sector.
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