FG, Chinese coy sign two MoUs on renewable energy

The Federal Government on Tuesday signed two Memorandum of Understanding (MoUs) with a Chinese Company, Mutual Commitment Company (MCC) limited on renewable energy.

This is contained in a statement issued by Mr Bolaji Tunji, Special Adviser on Strategic Communication and Media Relations to the Minister of Power in Abuja.

The MoUs were facilitated and signed in Beijing at the African-China Co-operation Summit by the Rural Electrification Agency (REA), an agency of the Ministry of Power.

The Minister of Power, Mr Adebayo Adelabu and the Managing Director of REA, Mr Abba Aliyu were present at the ceremony.

Speaking at the event, Adelabu said that the MoU signing was important and would go down as a memorable day for Nigeria.

He congratulated the REA and the National Power Training Institute of Nigeria (NAPTIN) for the achievement.

The minister reiterated that President Bola Tinubu had prioritised the power sector as the driver of all other critical sectors of the economy and giving all the support to ensure that he delivered on his electoral promises.

He noted that energy access and expansion was the government’s major priority because nothing could be achieved without a strong, stable, functional and reliable electricity sector.