Federal Government Seeks Investors for Energy Sector.
Vice President Kashim Shettima has urged domestic and international investors to avail themselves of new opportunities created by power deficit in the country.
Shettima made the call on Monday at the opening of the financial bid for the privatisation of the five National Integrated Power Project, NIPP, Plants in Abuja.
The Vice President, who was represented by the Deputy Chief of Staff to the President (Office of the Vice President), Sen. Ibrahim Hadejia, said the event serves as an assurance to bidders and the start of an investment with promising returns.
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He stressed the need for investors to take advantage of the Federal Government’s bid to drive additional investments in Nigeria’s energy sector.
Shettima also pledged the commitment of President Bola Tinubu’s administration to address the country’s energy deficiency, adding that the government is focused on enhancing ease of doing business.
“Nigeria’s power deficit extends an open invitation to domestic and international partners. We are here to urge collaborative efforts to craft enduring solutions.
“The government remains resolute in addressing the energy deficiency and is focused on enhancing the ease of doing business.
The vice president, however, urged prospective investors to “bear the weight of trust in utilizing these resources for the greater good of the nation,” he said.
