In a bid to address the power deficit in Nigeria, Vice President Kashim Shettima has called on both domestic and international investors to explore the new avenues emerging in the energy sector. The appeal was made during the commencement of the financial bid for the privatization of five National Integrated Power Project (NIPP) Plants in Abuja on Monday.
Represented by Sen. Ibrahim Hadejia, the Deputy Chief of Staff to the President (Office of the Vice President), Shettima emphasized that the event not only assures bidders but also marks the initiation of an investment venture promising favorable returns. He underscored the importance of investors capitalizing on the Federal Government’s efforts to attract additional investments into Nigeria’s energy sector.
Shettima reiterated President Bola Tinubu’s administration’s commitment to addressing the country’s energy deficiency and highlighted the government’s dedication to improving the ease of doing business. He stated, “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.”
While urging prospective investors to bear the weight of trust in utilizing resources for the greater good of the nation, the vice president conveyed a strong message emphasizing the need for collaborative efforts to achieve lasting solutions in the energy sector.
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