The Japanese government has granted an aid of JPY 1.317 billion ( $11 million) to the Federal Government of Nigeria for emergency improvement of electricity supply facilities in Abuja.
Ambassador of Japan to Nigeria, Mr. Sadanobu Kusaoke, said the project is targeted at assisting Nigeria’s economic development by helping attract more investments by improving the power sector.
Kusaoke explained that the grant is to be used in the upgrade of two substations in the Federal Capital Territory (FCT) and Nassarawa State.
“We aim to prevent voltage drop, reduce power loss and stabilize power supply to approximately 7,000 households in Abuja. The project will make Abuja more attractive for investors as well as residents,” the Ambassador said.
“Power sector has long been one of the priority areas in Japan’s development cooperation in Nigeria. As early as in 1970’s, Japan helped finance strengthening the capacity of Kainji Hydro Power station.
“Japan also partnered with Nigeria to electrify rural areas mainly in the North. In future more ambitious power sector projects will follow,” Kusaoke stated.