The U.S. Agency for International Development (USAID) and the Federal Ministry of Power have signed a memorandum of understanding (MoU) to support electricity sector reforms in Nigeria.
This agreement facilitates the implementation of a $75 million U.S. government-funded technical assistance program aimed at developing and reforming Nigeria’s power sector.
The signing ceremony featured USAID/Nigeria Mission Director Melissa A. Jones and Permanent Secretary of the Ministry of Power Mahmuda Mamman.
The initiative addresses the lack of access to grid power for over 85 million Nigerians and aims to reduce reliance on expensive, emission-intensive generators.
USAID’s commitment through the Power Africa Initiative focuses on advancing electrification and enhancing collaboration with various stakeholders.
Minister of Power Adebayo Adelabu expressed gratitude for USAID’s support, highlighting the partnership’s role in achieving sustainable and reliable electricity supply, enhancing transparency, market liquidity, and promoting clean energy solutions in Nigeria.