Daily Trust (Abuja)

Nigeria: French Company to Audit Power Sector

Williams

10 October 2008


Yunus Abdulhamid & Aisha Umar — The Minister of State for Energy (Power), Mrs Fatima Balaraba Ibrahim has disclosed that the federal government will engage the French national transmission system, Resaau de transport d'electricite (RTE) to carry out an audit of the power sector for a speedy restoration of capacities in the generation and distribution of electricity in Nigeria.

The minister announced this in Abuja during the signing of a Memorandum of Understanding (MOU) in the field of electricity with the French Minister for Foreign trade,Mrs Anne-Marie Idrac on behalf of the French government. She said, "The federal government will engage the French national transmission system, Reseau de transport d'electricite (RTE) in a discussion on the possibility of conducting an audit of the power sector in order to establish the necessary interventions required for a speedy restoration of capacities in the generation, transmission and distribution of electricity in Nigeria." According to the minister, the signing of the memorandum of understanding opens the way for French companies and private investors to participate in the development of Nigeria economy and the power sector in particular.

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