Gen. Biz, Government, Ministry of Power, Photo, TCN, WAPP

Federal Government Commends WAPP Development Partners, Calls for more Support to Realize Regional Power Trade

Posted: November 7, 2019 at 2:22 pm   /   by   /   comments (0)

By Innocent Okoye

The Honourable Minister of Power, Engr Sale Mamman has declared the 34th Technical and Financial Partners Meeting open in Abuja. The Technical and Financial Meeting is a major part of the 14th session of West African Power Pool meeting currently holding in Abuja.

Mr Goddy Jedy Agba, Honourable Minister of State, Power who represented the Minister welcomed the representatives of WAPP as well as the technical and financial partners to the meeting. In his address he congratulated WAPP & ECOWAS Commission for the impressive progress being made since WAPP was established in 2006. For example its membership has grown from 13 at inception to 35 comprising both public and private electricity companies in all electricity value chain.

According to him, “The near term completion of interconnections of all mainland ECOWAS member states as well as completion of the WAPP Information and Coordination Centre that will manage the regional electricity market shall signify a new chapter in the existence of WAPP”.

He commended and also sought the further support of the technical and financial partners of WAPP. He called on them to further assist WAPP and ECOWAS to achieve the 2019- 2033 Master-Plan objectives for the development of functional Regional Generation and Transmission Infrastructure which has an investment requirement of about 36.4billion USD. The Master-Plan if realized would ensure market liquidity and robust flow of electricity within the subregion.

The Chairman of the Executive Board of WAPP & MD/CEO, Mr UG Mohammed had earlier commended the technical and financial partners of WAPP and spoke extensively on the theme; “ECOWAS Regional Electricity Market: Today & Future Opportunities”.

According to Mohammed, the subregion was at the dawn of full operationalization of the regional electricity market with imperatives to achieve robust social and economic benefits capable of attracting huge private sector investments.

For the desired market to happen, he sought the support of the development partners for the deployment of appropriate actions that will accelerate the attainment of an efficient and credible electricity market within the subregion as well as the development of the infrastructure dictated by the ECOWAS Master-Plan 2019-2033.

The ECOWAS Commissioner for Energy and Mines, Mr Sedeko Douka and WAPP Secretary General, Mr Ki Sengui also addressed the august gathering. The WAPP meeting is being attended by representatives of power utilities in West Africa and major technical and financial partners.

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