Nigeria and Japan have signed a N2.19bn ($11 million) Memorandum of Understanding (MoU) for emergency improvement of electricity supply facilities for communities around Abuja.
The Minister of Budget and National Planning, Udoma Udo Udoma, at the signing ceremony held in Abuja on Thursday, February 11, said the electricity supply project by the Japanese government was intended to among other things complement the country’s efforts in guaranteeing steady power supply for economic growth.
Udoma said the project is aimed at installing capacitor banks in Apo and Keffi substations in Abuja and Nasarawa State.
“The sustained implementation of this project is expected to pave way for a significant access to quality socioeconomic services, thereby leading to reduction in unemployment,” he said.
The Ambassador of Japan to Nigeria, Sadanobu Kusaoke, said the power sector has long been one of the priority areas of Japan’s development cooperation with Nigeria.
Kusaoke disclosed that in future Japan will intervene in more ambitious power sector projects across the country.
