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NERC and Power Africa Initiative Meet ...consider Power Africa Policy principles

The Nigerian Electricity Regulatory Commission and a President Barack Obama team referred to as ‘’Power Africa Initiative’’ have held a meeting to discuss key investments initiatives that can be harnessed for Nigerian industries.

The meeting was at the instance of the Power Africa Group which considers Nigeria a key nation in the scheme of things in Africa. This meeting was held on the 15TH of August, 2013 at the Commission’s Head office in Abuja.

The team leader and coordinator for Power Africa and Trade Africa, Andrew Herscowits noted that Nigeria is an attractive place to invest. He said that Nigeria is its model at a goal-oriented drive and implementation of the initiative; the impact for which can then be replicated in other African countries.

Herscowits said that the Commission could count on its support for specific targeted assistance, which makes it imperative for the collaboration that would shape the group’s intervention. He stressed that it was all about partnership.

A member of the team and Director, Economic Growth Office of USAID, Sharon Paciling buttressed the fact that USAID was already into a result yielding partnership with the Commission. Therefore, the Power Africa Initiative provides yet a veritable avenue for sustaining and furthering the parameters of the existing collaboration. She noted that the group was actually considering maximizing its support to NERC.

In his response, the Chairman/Chief Executive Officer of the Commission, Dr. Sam Amadi assured the delegation of better communication and feedback.  He then stated that the Nigeria’s Power Sector Reform has been most consistent. He specifically pointed out that the reform was moving the electricity industry towards a competitive market that would be driven by private sector.

Amadi pinpointed NERC’s critical role in the drive for the transformation and also advanced the cardinal point of regulation, which was, to ensure transparency.

‘’The Commission wants to be seen as the regulator that solves problems through consultation’’ Amadi said.

The Chairman advocated for support in the area of new technology so that graduates can fit in better with contemporary practice in the labour market. That way, the human resource capacity being driven by Power Africa Initiative can be achieved.  
Maryam Yaya Abubakar – Head , Media