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November 7, 2024
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TECHNOLOGY

France Grants U.S.$170 Million To Nigeria for Improved Power Supply in FCT

France says it has granted 170 million dollars aimed at increasing the power supply for the Federal Capital Territory (FCT).

The French Ambassador to Nigeria, Mr Denys Gauer announced this on Thursday in Abuja in a remark at the Nigeria Alternative Energy Expo 2015.

Represented by Mr Georges Vanin, First Counsellor, Political Affairs and Communication, Embassy of France, Abuj, the ambassador said the power sector was one of the three priority sectors identified by the French Development Agency (AFD) in its 2014-2016 strategy in Nigeria.

“The AFD is contributing to the development of the electricity transportation network by supporting the public company Transmission Company of Nigeria (TCN).

“On the occasion of a first project aiming at increasing the power supply for the Federal Capital city, Abuja, the AFD has granted 170 million of dollars to the Federal Government in 2013.

“This project is on-going. A second one is being considered for 2016,” he said.

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