HomeIndustry SectorsEnergy Efficiency$170 million human capacity development loan for Nigeria

$170 million human capacity development loan for Nigeria

Nigeria will benefit from a $170 million loan package from The Agence Francaise Development (AFD) says the Nigerian Electricity Regulatory Commission (NERC).  The AFD has pledged financial support for human capacity development said the commission.

According to NERC, Betrand Facini, Chief of Projects, Division of Education, AFD revealed that the AFD was concerned about sustainability; hence, it was looking at the risk of developing the market alongside the present reforms so as to guide its intervention.  He said that energy efficiency stands out as one of the key programs that has to be realised, making it imperative to engage with the Commission to work out human capacity development and vocational training which would stand the test of time.

According to NERC Vice Chairman, Muhammed Lawal Bello, the Commission was already working with the national board for technical education as well as other vocational training institutions on capacity building for the power sector.  He said that expert support by the AFD would be most appreciated.