NewsNigeria, Chinese Firm Sign MoU To Establish Renewable Energy Academy

Nigeria, Chinese Firm Sign MoU To Establish Renewable Energy Academy

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September 04, (THEWILL) – The Federal Government has signed a Memorandum of Understanding (MoU) with a Chinese company, Mutual Commitment Company (MCC) Limited, to establish the first renewable energy academy in Nigeria.

The MoU was facilitated by the Rural Electrification Agency (REA), an agency of the Federal Ministry of Power, and witnessed by Nigeria’s Minister of Power, Adebayo Adelabu and the Managing Director of REA, Mr. Abba Aliyu.

Speaking at the event in Beijing, China on the eve of the opening ceremony of the Forum on China-Africa Cooperation summit, Adelabu said the MoU was apt and a welcome development for Nigeria.

The Minister congratulated the REA and the National Power Training Institute of Nigeria (NAPTIN) for the event, saying it would go a long way towards achieving Nigeria’s vision for renewable energy and the sub-sector of the entire electricity value chain.

“I know Nigeria and China have a lot of things in common, one of which is the fact that Nigeria and China are both high-population countries and with a country with a high population, you have so much pressure.

“The first pressure is that of energy access and the second is job creation. So, when you take steps to achieve both, it is a thing of joy. I am particularly happy that this is happening during the tenure of President Bola Tinubu, as it is in line with achieving the Renewed Hope Agenda of the administration for the country,” he stressed.

Adelabu reiterated the fact that President Tinubu has prioritised the power sector as the driver for all other critical sectors of the economy, saying: “He is giving us all the support to ensure we deliver on his electoral promises.”

He noted that energy access and expansion is the government’s major priority because nothing can be achieved without a strong, stable, functional and reliable electricity sector.

“We have relied so much on centralisation of our power sector for so long that it is not taking us anywhere. So, moving away from centralisation, we have decided to adopt the distributed power model to ensure that every Nigerian has access to energy.

“A lot of our population reside in the rural areas, a lot of our institutions – educational and tertiary health institutions – are isolated and they are still facing epileptic power supply. We have also found out that the adoption of distributed energy model will expand the energy net for our rural dwellers, the rural businesses, our universities and tertiary health institutions, which is why the focus is on renewable energy which we believe is scalable and can exist in isolation of national grid that is currently facing lots of pressure,” he emphasised.

According to him, as Nigeria continues to expand energy access, the country also wants to achieve a transition to cleaner sources of energy that are sustainable and environment-friendly.

“This is why we have both a long-term and medium-term target to achieve net zero carbon emission by year 2060 and also to enable us to achieve 30 percent of our energy generation coming from renewable energy by year 2030. So, renewable energy is currently a major focus for us in the power sector,” he said.

Adelabu further stated that the MoU would achieve the vision for the renewable energy sub-segment of the power sector with a focus on five items of development of local capacity.

He noted that along the value chain of the renewable energy sector, a lot of human and material resources that are required are still significantly dependent on importation, which “we believe we should reduce gradually.

“Also, we will be able to produce jobs for our large youthful population that is growing every day. Our polytechnics, technical colleges and universities are turning up graduates on a yearly basis without assurance of job placement. This will go a long way to make it happen, at the same time, we will be able to achieve our energy access expansion.”

According to the Minister, Northern African countries such as Tunisia, Morocco, Egypt and Algeria have achieved 100 percent electrification of their countries and South Africa, about 95 percent.

“It is unfortunate that Nigeria is still at 62 percent, though there are still some African countries with worse levels of achievements, this is not where we belong. If these countries are able to achieve this, why is it not possible for Nigeria with the level of our natural endowment?

“We have the gas, the dams are also there for the hydropower electric, the wind, both desert and coastal is there while sunshine is also effective.

“So what are we waiting for? A step like today’s will enable us to move up on our level of electrification. This will consequently lead to growth in our Gross Domestic Product (GDP) because of the economic activities that would be created. This will also save us foreign exchange expenditure on importation and create jobs for our people if we assemble these things locally,” he added.

Speaking earlier, Abba Aliyu reiterated the importance of the ceremony, saying it is capable of delivering on the Presidential mandate of building local capacity and creating more job opportunities.

“We will track this and ensure the delivery of the commitment within the tenure of the present administration. We will also track the economic factors that this initiative will drive, the level of GDP contribution, the employment opportunities provided and the socio-economic activities that will crystallise,” he said.

He said MCC is presently engaged in Nigeria with the construction of 12 megawatts and 3 megawatts power plants in Maiduguri and Kaduna states respectively.

Vice Chairman of MCC, Yan Zhezhu, who spoke through an interpreter, expressed appreciation for the Minister of Power’s commitment to Nigerian energy growth.

“We are not new to Nigeria, having started in Oyo State a long time ago. Presently, we have ongoing projects in Maiduguri and Kaduna and we appreciate the cooperation we have so far received. Our projects have seen us working with States and the Federal Government in Nigeria and we are committed to do more,” he said.

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