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Home » Nigeria signs €25 million agreement with France to improve electricity supply
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Nigeria signs €25 million agreement with France to improve electricity supply

adminBy adminSeptember 15, 2022No Comments2 Mins Read
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The Nigerian government and the French Development Agency (AFD) have signed a grant agreement of €25 million for the Northern Corridor Project jointly funded by the European Union and the AFD.

The Minister of State for Budget and National Planning, Clem Agba, and the AFD Country Director in Nigeria, Xavier Muron, signed the agreement in the presence of the Ambassador of France to Nigeria, Emmanuelle Blatmann, and the Head of Cooperation at the European Union Delegation to Nigeria and ECOWAS, Cecile TASSIN-PELZER.

The Northern Corridor Project, being implemented by the Transmission Company of Nigeria (TCN), is meant to strengthen low-carbon economic growth in West Africa by improving the quality of the electricity network in Nigeria and supporting the development of a regional electricity market under the West African Power Pool (WAPP).

The specific objectives of the project, in line with the Nigerian Energy Transition Plan (ETP), are to:

— reinforce globally the north-west network and develop access to electricity for the population

— help evacuate/distribute the solar-generated power from future projects in the North

— participate in the WAPP interconnection project with Niger Republic

The project will build more than 800km of 330 kV double circuit transmission lines and construct or upgrade 13 substations.

The grant agreement represents EU’s contribution to the project while the AFD contribution of €202 million was signed in December 2020. The total cost of the project is around 238 million Euros including a 12 million Euros contribution from TCN.

Credit: Premium Times

FRENCH NIGERIA
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