USTDA Director Announces New Cooperation Activities in Nigeria
May 22, 2014
(USTDA)
Concludes Energy Business Development Mission with Grant Signings
LAGOS, NIGERIA – Today, U.S. Trade and Development Agency Director Leocadia I.
Zak concluded her participation in the Energy Business Development Mission to
West Africa with three grant signings for energy projects in Nigeria. Director
Zak also announced USTDA's support for additional activities in Nigeria's power
and healthcare sectors, as well as the Agency's plans to place a USTDA
representative in West Africa.
"These activities demonstrate the Agency's commitment to fostering sustainable
economic growth in Nigeria and throughout West Africa," stated Director Zak.
"USTDA is proud to connect U.S. industry to Nigeria's efforts to ensure that
reliable, clean and affordable electricity is accessible to its citizens."
With the grant signings, USTDA committed to fund a feasibility study for a 275
megawatt gas-fired power plant that will improve electricity access for
customers across Lagos State. Another feasibility study will assess the
viability and scale of a proposed gas-fired power generation project at the
Sagamu Independent Power Plant. USTDA is also providing technical assistance for
an investment plan to update and modernize Benin Electricity Distribution
Company's network. (See the Fact Sheet linked below for additional details about
each grant.)
Additionally, Director Zak announced support for a project to develop a
comprehensive plan for implementing smart grid solutions throughout the power
networks of the Eko and Ikeja Electricity Distribution Companies, which serve 16
million customers in the Lagos metropolitan area. USTDA will also fund a project
that enables General Electric (Fairfield, CT) to partner with Nigeria's Federal
Ministry of Health to assess the modernization of 10 existing – and three new –
hospitals in 12 Nigerian states.
USTDA's future representation in Nigeria will be based at the U.S. Consulate in
Lagos to assist in the oversight and implementation of its program activities in
the country, which represents over a third of the Agency's investments in
sub-Saharan Africa. The USTDA representative will be particularly focused on
advancing the goals of Power Africa, a U.S. government-led initiative to double
access to power in sub-Saharan Africa over the next five years.
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