FG approves $2m payment to W’ African power pool

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Votes N1.6b for e-Government Procurement Platform

THE Federal Executive Council (FEC) yesterday, approved that Nigeria pays its 2020 annual contribution to the West African Power Pool.

  FEC gave the approval at its weekly meeting presided over by President Muhammadu Buhari.

  The Minister of Power, Saleh Mamman, disclosed this to State House Correspondents at the end of the meeting at the Presidential Villa, Abuja.

  According to him, the payment is meant to integrate the national power systems into a unified regional electricity market with the ultimate goal of providing in the medium and long term, a regular and reliable energy at competitive cost to the citizenry of the ECOWAS region.

  “The pool is about having synergy within the West African region. The decision has been taken by ECOWAS, it is for the generation of electricity in the region, and so as to have more constant and steady power supply. It is like the national grid in Nigeria. So, we are going to have a regional grid. It means in case there is a failure in one country, another can supplement. The $2m is a contribution,” Mamman said.

  The Minister of Information and Culture, Lai Mohammed, corroborated Mamman’s justification of the approval.

  He said the $2m was not a gift to ECOWAS but Nigeria’s contribution to which  was created by a decision at 22nd Summit of Economic Community of West African States Authority of Heads of State and Government in 1999.

  Similarly,  the federal government, yesterday,  approved N1.6 billion for the establishment of e-Government Procurement Platform to address corrupt practices in government’s procurement system.

  Director-General of Bureau of Public Enterprises, Mamman Ahmadu, said the new platform would help eliminate corruption as well as enhance the country’s procurement process.

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