US energy group plans to inject 250MW to national grid

Minister of Power, Prof. Chinedu Nebo, has described the
planned injection of 250MW of electricity into the national grid
by Missouri American Energy, USA, as a great and feasible
feat.
He also noted that with the reduced amount needed for the
project, when compared with larger power projects, it would
provide energy quicker and boost the provision of power
nationwide.
The minister who was speaking Thursday at the signing
ceremony of Memorandum of Understanding (MoU) between
the company and the Federal Government said, “we are
desirous of access to power, and Nigerians are hungry for its
supply and as such are ready to swallow any amount of
energy offered to us.”
According to him, the company’s siting of the gas-fired plant
in Rivers State, a hub for gas was a welcome development, as
it would eliminate the threat of vandalism to its plant given
the people’s receptive attitude towards public assets.
He, however, called for investment in smaller quantum to
enable the country quickly realise its vision of “access to
power-for-all” and further advised the company to cash in on
the provisions of the Africa Power Initiative of President
Obama as well as liaise with General Electric (GE) for the
purpose of firming up a buy-in into its recently launched
sponsorship programme for investors in the power sector.
He reiterated his team’s dogged passion in the actualisation
of the power sector’s vision of “electricity for all Nigerians in
the shortest possible time,” while assuring the company and
other would-be investors of every necessary support in the
realisation of their goals for the sector.
Earlier, the President and Chief Executive Officer of Missouri
American Energy, USA, Henry Iwenofu, called for government’s
collaboration in facilitating the execution of the first phase of
its project in the country, adding that the consortium was
already discussing with development partners with a view to
ensuring seamless execution of other phases of the project.