The Head of Cooperation, EU delegation to Nigeria and ECOWAS, Mr Kurt Cornelis, said on Monday that the European Union has so far committed over €700m for the development of sustainable energy in Nigeria and other ECOWAS countries from 2014 to 2020, The Punch reports.
Cornelis said given the challenge in electricity generation, there was the urgent need to address the energy deficit, using the right energy mix in the region. He also said that there was the need to ensure a strong political will through the formulation and implementation of a solid regulatory and policy framework for the sector. He added that the EU, with partner countries and donor agencies, were committed to promoting renewable energy solutions to expand access to electricity in the region.
The Minister of Power, Works and Housing, Mr Babatunde Fashola, who was represented by the Permanent Secretary in the ministry, Mr Louis Edozien, said that the two subjects of renewable energy and mini grids were very important to the government in terms of improving electricity in Nigeria. He also said that a suitable legal and regulatory frame work for the takeoff of renewable energy and minigrids have been established in the country.