Nigeria will receive funding in the amount of €150 million from the EU to improve electricity services to citizens. The funding will allow the most remote communities access to energy through renewable energy sources according to Kurt Cornelius, the representative of the EU in Nigeria.
Cornelius was speaking at the inauguration of an 85-kW hybrid power plant in the village of Gbamu. Gbamu is located in the state of Ogun.
He went on to say, “Nigeria is injecting about $13 billion a year into the production of electricity from diesel electric generators to offset the energy deficit. About 86% of the companies in the country use such generators and nearly 48% of the energy demand is met by these facilities. “
John Bray, the US Consul General in Nigeria, who also attended the event, reiterated his country’s willingness to accompany Nigeria in improving its electrical services. This support will be provided, among other things, by the Power Africa initiative, which will electrify 60 million households and businesses, and help build 30,000 megawatts of power plants.