Prof-Chinelo-Nebo-300x159The Minister of Power, Professor Chinedu Nebo, has said that Nigeria in its quest for new energy mix strategy would leverage on Turkish expertise in Thermal and Hydro power sources.

The minister, who was represented by the Permanent Secretary, Ministry of Power, Amb Dr. Godknows Igali, said that Nigeria offers the best environment for business not only in power, but also in heavy equipment, machinery and construction.

Speaking in Abuja while receiving the Bereket Energi Group led by its Deputy Chairman, Ali Yagli and the Nigerian partner -Oral Energy Limited (the core investor of Jos DISCO), the minister commended the group for the confidence it has in the Nigeria economy, saying that the Group would not regret its decision as there are unequal potentials in terms of returns on investment.

He described their visit as the best timed against the backdrop of the shift in emphasis on hydro renewable like wind, solar and coal to power, with the enormous coal reserves that stretched from Enugu-Kogi-Benue and Nasarawa States. Nigeria should harness these potentials to the fullest as our coal has been described as one of high quality. On the group’s request for more participation in Nigeria’s power market, the minister assured the Turkish company that other renewable like solar energy, wind are also available for exploration.

Responding on behalf of the group, Tukur Modibo, who represented, Alhaji Yayale Ahmed, the Chairman of Oral Energy Ltd, said that the Bereket energi of Turkey has been a dependable ally in the on-going privatisation of the power sector.

He said the group has enormous experience that has helped the Nigeria partner to effectively operate in six states with three million customers through its Jos DISCO. With that success story, the Turkish group is ready to go into power generation.


Information from Vanguard was used in this report.