US Tasks FG on Enabling Environment for Investment in Power Sector

Power

The United States Ambassador to Nigeria, Mr. James Entwistle, has said the solution to Nigeria’s electricity challenges is for the Nigerian government to create an enabling environment that will encourage large private power companies to invest in the energy sector, ThisDay reports.

Entwistle spoke on the sidelines briefly after a familiarization visit to the Minister of Science and Technology, Mr. Ogbonnaya Onu, in Abuja, where he advocated for a stronger private sector participation in the energy sector.

On US assistance to Nigeria in the energy sector, he stated that: “We are looking for a stronger role in the private sector for the power industry. We are also looking for better transmission and distribution capacity as well as the creation of conditions that will encourage large private power companies to invest in the energy sector in Nigeria”.

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