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USTDA Sponsors Nigeria Electricity Distribution Sector RTM
Thursday, 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.