In an apparent move to boost state energy planning within the States of the Federation, governors, on Thursday, signed a memorandum of understanding (MoU) with the Energy China.
Energy China is a major Chinese company known for renewable energy and gas production in China.
Speaking on behalf of the chairman of the Nigeria Governors Forum (NGF), the governor of Gombe State who doubles as the chairman of Northern Governors’ Forum, Alhaji Inuwa Yahaya, said that the MoU and the ensuing relationship between the organisations will signal a critical step in strengthening the institutional framework for sub-national energy governance through fostering energy security, efficiency, and economic development across the States.
According to the Gombe State governor, ”It is crucial to acknowledge the transformative journey that Nigeria is embarking upon in the area of access to sustainable electricity which includes renewable energy, particularly in the wake of the recently passed Electricity Act of 2023.
”This groundbreaking legislation marked a pivotal moment for our energy landscape, introducing innovative structures that aim to boost investments and enhance the reliability of power supply across the country.
Since the passing of the Electricity Act, we have witnessed a surge of innovations and reforms aimed at revamping our energy sector.
”We are moving towards more decentralized energy solutions, encouraging the integration of renewable energy solutions that can provide sustainable and affordable electricity to our communities.
”The Act has also laid the groundwork for improving regulatory frameworks, enabling private sector investments, and fostering public-private partnerships, a vital component for the successful implementation of our renewable energy goals.”
However, he noted that, ”we must acknowledge that these advances come with their own set of challenges. Shortfalls in infrastructure, financing, and regulatory hurdles continue to impede progress. We must address these issues collaboratively.
”By fostering partnerships between the government, private investors, and international stakeholders, we can develop innovative financing models, improve capacity building, and enhance grid infrastructure to accommodate renewable energy sources effectively.
”In this context, I want to highlight some of the ongoing reforms within states in Nigeria as they pursue ambitious but worthwhile and achievable energy initiatives. States are crafting tailored policies that align with national objectives while addressing local needs. They are also establishing frameworks and instituting regulatory bodies to drive the electricity markets within their localities. These reforms are crucial as they leverage our unique resources and provide flexibility to implement localized solar solutions.
”The synergy between state and federal initiatives will be key to driving effective change and achieving our collective renewable energy targets. The NGF has a vibrant Power Desk which has played and continues to play a coordinating role in the efforts of the States as they strive to implement the Electricity Act. The Forum offers a one-stop platform in providing support to the States as they grapple with the enormous responsibility placed on their shoulders by the Electricity Act.
”We believe that this relationship with the China Energy International Group will foster a robust development in the acceleration of energy access in the country and the NGF would use its best endeavours in supporting these efforts.”
