Future Energy Nigeria: "New initiatives by Government present unlimited investment opportunities"

By: Future Energy Nigeria
 
 
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Future Energy Nigeria

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Location:
Lagos City - Lagos State - Nigeria

LAGOS CITY, Nigeria - Sept. 9, 2019 - PRLog -- "Nigeria is taking ownership of its power deficit and is taking charge of its energy future" says Future Energy Nigeria's business development director Ade Yesufu, "and the new initiatives by the Government present unlimited opportunities for stakeholders across the entire power sector value chain, including metering, billing and revenue collection, technology and service providers, financiers, manufacturers and suppliers across the sector. In short, watch this space: Nigeria is positioning itself as an investment destination for the power sector. We're excited."

Looking to innovation solutions
"With the highest GDP in Africa and still growing at an impressive rate" explains Mr Yesufu, "businesses across Nigeria are looking to innovative solutions to create their own stable and viable power solutions. Investments in mini grids contribute towards rural electrification and the Meter Asset Provider (MAP) initiative was introduced by the Nigerian Energy Regulatory Commission (NERC) to address the end-user metering gap with regards to financing, procurement, installation, servicing/maintenance and replacement of metering equipment.

He adds: "Future Energy Nigeria will focus on bridging the country's energy access gap, the role of off-grid generation projects as well as discuss the NERC initiative to franchise the Electricity Distribution Companies (DisCos) in Nigeria. The goal is to increase competitiveness in the market and improve the quality of electricity supply through investment in metering, billing, collection and network rehabilitation and expansion."

The 16th edition of this longstanding, leading conference and exhibition will take place at the Eko Hotel in Lagos from 12-13 November 2019.

Highlights at Future Energy Nigeria include:

· Opening Session: "Bridging Nigeria's energy access gap"
This session will shine a light on the off-grid projects of the Rural Electrification Authority; from increasing access rates to their positive impact in the communities.

· Recapitalisation of DisCos?
- What will recapitalisation achieve for the Nigeria power industry?

· Understanding sub-franchising of DisCos
- Where are the private sector opportunities in the distribution franchising business model?
- How will a concessional agreement in Ghana realise increased revenue collection?
- Franchising arrangements in the areas of supply, metering, billing and collection

Solar off-grid and IPU training
Future Energy Nigeria's free and very practical Knowledge Hub sessions at on the exhibition floor aim to assist power professionals and senior engineering students to become familiar with the latest technology and current trends and thereby addressing the skills gap and advancing capacity building to propel Nigeria's power sector. The training will provide a platform to accelerate entrepreneurial spirit in off-grid solar where participants can roll up their sleeves and get stuck in the "A-Z of installing solar panels".

https://www.future-energy-nigeria.com

Media Contact
Future Energy Nigeria
annemarie.roodbol@spintelligent.com
+27217003500
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Tags:Future Energy Nigeria
Industry:Energy
Location:Lagos City - Lagos State - Nigeria
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