The Federal Government has assured the Japanese government of the judicious use of the 1.3 billion yen worth of facilities meant to boost electricity supply in the country.
The Minister of Budget and National Planning, Sen. Udoma Udo-Udoma, gave the assurance on Thursday in Abuja, at the Signing Ceremony of the Grant Aid for the Emergency Improvement of Electricity Supply Facilities in Abuja.
Udo-Udoma said that the government would always collaborate with the Japanese government through the Japan International Cooperation Agency (JICA) Nigeria Office.
“The project aims to install Capacitor Banks in Apo and Keffi Substations in FCT (Federal Capital Territory) and Nasarawa State respectively and will contribute to stable power supply, decrease transmission loss and improve system reliability.
“The sustained implementation of this project is expected to pave way for significant access to quality socio-economic services, thereby leading to reduction in unemployment in the country and promoting community empowerment.
“This ministry will ensure that we continue to create an enabling environment required for the sustainability of our partnership.
“Our doors will always be open and we will welcome suggestions and ideas on how best to improve our strong ties for the mutual benefit of our countries.’’
The minister stated that good governance is the key component of the change agenda of the present government.
“This entails the judicious management of the country’s resources and affairs in an open, transparent, accountable and equitable manner that meets the aspiration of the people.
“This is also consistent with the objectives of Grant Aid for the Project for Emergency Improvement of Electricity Supply Facilities in Abuja.
“I wish to assure the esteemed government of Japan that the electricity facilities being provided will be very well looked after.
“The Federal Ministry of Power will ensure effective management and sustainability of the project.’’
The Minister of Power, Works and Housing, Mr Babatunde Fashola, said Japanese companies had been important participants in the development of the electricity industry in the country.
Fashola, who was represented by the Permanent Secretary in the ministry, Mr Louis Edozien at the ceremony, said: “I am aware that JICA will soon be inaugurating 94 mega watts expansion and repairs of Jebba Power Station.
“This signing ceremony is an additional evidence support they have been giving the industry over the years.
“You can count on the ministry for all support to ensure that the objective of this grant project be realised.
“The asset put in place is properly taken care of, after it is out in service by the Transmission Company of Nigeria.’’
The News Agency of Nigeria (NAN) reports that the electricity supply facilities project by the Japanese government is intended to complement the country’s efforts toward guaranteeing steady power supply for economic growth. (NAN)