USTDA Sponsors Nigeria Electricity Distribution Sector RTM
September 19, 2013
(USTDA)
Fostering the participation of U.S. companies in the modernization of Nigeria's
electricity distribution infrastructure
WASHINGTON, DC – To connect U.S. industry to electricity distribution
infrastructure projects in Nigeria, the U.S. Trade and Development Agency
(USTDA) is sponsoring a delegation of executives from four leading distribution
companies, which have a combined procurement budget of over $800 million, for a
Reverse Trade Mission (RTM) to the United States from October 15-25, 2013. The
delegation will comprise senior decision-makers from Nigeria's newly privatized
electricity distribution companies – Abuja, Benin, Eko and Ikeja – as well as
the Nigerian Electricity Regulatory Commission and a commercial representative
from the U.S. Embassy in Abuja.
As part of the Government of Nigeria's Power Sector Reform Roadmap, the sector
is being overhauled to accelerate the expansion of power supply while
dramatically improving service delivery, revenue recovery and efficiency across
the power sector value chain. A cornerstone of this reform is the ongoing
privatization of eleven distribution companies in Nigeria.
"The expected growth in Nigeria's power sector is creating unprecedented
opportunities for U.S. firms," noted Paul Marin, USTDA's Regional Director for
Sub-Saharan Africa. "The recent privatization of Nigeria's distribution sector
will enable critical investments that will improve electricity services
throughout the country in coming years."
The RTM will expose Nigerian delegates to U.S. technologies, equipment and
services – as well as policies, regulations, financing mechanisms and management
structures – that can support the implementation of smart grid infrastructure.
U.S. companies are encouraged to participate in this RTM by:
- Attending the Business Briefing and Finance Roundtable in Arlington, VA on October 22, 2013;
- Attending or leading a training session in Washington, DC on October 21, 2013;
- Hosting the delegation at their facilities to discuss their expertise and capabilities;
- Arranging a site visit "in the field" to demonstrate technology in use; and/or
- Sponsoring a private dinner or lunch meeting with the delegation.
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