EU, Germany Support Nigeria’s Power Sector Growth with ₏33m Government to concession three solar power projects, says Kaduna IPP 70 per cent ready Chineme Okafor in Abuja The European Union and Germany yesterday announced a fresh financial package worth ₏33 million to support further developments in Nigeria’s power sector especially renewable energy.
This new package is coming on the heels of the World Bank's approval of $486 million credit facility for the country's electricity grid improvements a forthnight ago. The new financial package was announced as part of the
rollover of the Nigerian Energy Support Programmme (NESP) which is managed by the German cooperation agency - the Deutsche Gesellschaft fĂźr Internationale Zusammenarbeit GmbH (GIZ) at an event in Abuja where the GIZ presented a compendium of
its achievements in the first phase of the NESP. Speaking at the event, the Programme Head of NESP, Iner Hommers, explained the new financial package would be used in the second phase of the NESP which would last from
December 2017 to November 2020, to support Nigeria’s provision of stable data for electrification planning, sustainable on-grid and off-grid electricity, as well as creating an enabling environment for renewable energy and energy efficiency investments.
Hommers stated that the European Union would provide ₏20 million in the programme while the German government through its ministry of economic cooperation and development would give ₏13 Continued on page 6
FG Redeems $413m Treasury Bills from Eurobond Proceeds ‌ Page 6 Saturday 3 March, 2018 Vol 23. No 8353
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US Secretary of State, Rex Tillerson, to Meet Buhari in Abuja Next Week Dapchi abduction, terrorism on the agenda hunt extends to neighbouring countries
Olawale Ajimotokan and Paul Obi in Abuja, Bayo Akinloye in Lagosw As the search for the 110 schoolgirls abducted by Boko Haram at Government Girls Science and Technical College, Dapchi, Yobe State, intensifies, the United States Government yesterday announced that its Secretary of State, Rex Tillerson, would visit Nigeria and some other African countries next week over terrorism challenges in the continent. It also emerged yesterday
that the search for the missing schoolgirls had been extended to the neighbouring countries of Chad, Niger and Cameroon, while the Chief of Defence Staff, Gen. Abayomi Olonisakin and his service chiefs have all now joined the search team. Speaking on Tillerson's visit, the spokesperson for the State Department, Heather Nauert, said in a statement: "On his first official trip to Africa, Secretary Rex Tillerson will travel to N’Djamena, Chad; Djibouti, Djibouti; Addis Ababa, Ethiopia; Nairobi, Kenya;
and Abuja, Nigeria, March 6-13, 2018. “Secretary Tillerson will meet with leadership in each country,
CDS, service chiefs, join search as
as well as the leadership of the African Union Commission based in Addis Ababa, to further our partnerships with the governments
and people of Africa. "In particular, he plans to discuss ways we can work with our partners to counter terrorism,
advance peace and security, promote good governance, and Cosntinued on page 6
Key Speakers at THISDAY Healthcare Financing Summit Taking Place in Abuja on Tuesday ... See Pg 8
Buhari, Saraki, UN, EU Condemn Killing of 3 Aid Workers in Borno State Omololu Ogunmade, Alex Enuma and Paul Obi in Abuja, Michael Olugbode in Maiduguri President Muhammadu Buhari yesterday described the attack and killing of humanitarian workers in Rann, the headquarters of Kala Balge Local Government Area of Borno State on Thursday night by Boko Haram as Godless, brutish,
an act that would only hasten the group's destructive end. The President of the Senate, Abubakar Bukola Saraki, the United Nations and the European Union have also condemned the Rann attack. A statement by Buhari’s Special Adviser, Media and Publicity, Mr. Femi Adesina, said the
Bukola Saraki
Isaac Adewole
Ngozi Okonjo-Iweala
Olusoji Adeyi
Seth Berkley
Osagie Okunbor
Cosntinued on page 6
IBB, T Y Danjuma Meet Behind Closed Doors in Minna‌ Page 16
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