The Developing Eight Organisation for Economic Cooperation (D-8) member countries have indicated their readiness to support Nigeria’s Energy Transition Plan.
Secretary-General of D-8, Ambassador Isiaka Imam, made this known when he received in audience some members of the Board of Directors of Nigerian Bulk Electricity Trading PLC (NBET), who visited Republic of Turkiye recently to sign a partnership deal with Energy Exchange Istanbul (EXIST), a foremost Turkish energy firm.
NBET was in Turkiye with a view to turn around the fortune of Nigerian power sector reforms efforts for more improved performance.
The Federal Government delegation was led by Permanent Secretary, Federal Ministry of Power, Mr. Nebolisa Anako, to the D-8 Secretariat in Istanbul.
Ambassador Imam welcomed members of the Board of NBET PLC to his office, and updated them on the various programmes and activities of the D-8 organisation, since his assumption of duty early this year.
A statement from the Press Office of the D-8 Organisation for Economic Cooperation, yesterday in Abuja and signed by Mr. Ilham Uludag, said Imam lauded the bold initiative of the government for having thought it wise to enter into partnership with a Turkish energy firm in the area of energy sector.
Imam said this would further concretise the ongoing efforts at the D-8 organisation to scale up intra- cooperation among member countries.
The statement reads: “The step being taken by the Federal Government by going into partnership with a company in one of our member countries to solve its electricity problems gladdens our hearts and this is the type of initiative we are encouraging and ready to support at our organisation.”
The organisation’s Secretary General emphasised on the key importance of the energy sector towards achieving the goals of economic growth in D-8 member countries and pledged the support of the organisation for Nigeria’s energy transition plan.
He disclosed that the organisation will be holding its first sectoral meeting on energy in Iran later this year and enjoined NBET to participate along with the Nigerian delegation, promising to liaise with member countries for possible capacity-building programmes with NBET in the area of energy.
Earlier, the leader of the delegation, Anako thanked the Secretary General for accepting to receive his team and used the opportunity to share information on the role of NBET in the Nigeria power sector.