{"id":113181,"date":"2024-07-11T17:50:50","date_gmt":"2024-07-11T16:50:50","guid":{"rendered":"https:\/\/pointblanknews.com\/pbn\/?p=113181"},"modified":"2024-07-11T17:50:50","modified_gmt":"2024-07-11T16:50:50","slug":"usaid-signs-mou-with-the-ministry-of-power-pledges-%e2%82%a6115-2bn-75-million-for-electricity-reforms-and-clean-energy-transition","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/news\/usaid-signs-mou-with-the-ministry-of-power-pledges-%e2%82%a6115-2bn-75-million-for-electricity-reforms-and-clean-energy-transition\/","title":{"rendered":"USAID signs MOU with the Ministry of Power, pledges \u20a6115.2bn ($75 Million) for electricity reforms and clean energy transition"},"content":{"rendered":"
\n
On July 10, the U.S. Agency for International Development (USAID) and the Federal Ministry of Power of Nigeria signed a memorandum of understanding (MOU) to support electricity sector reforms, market transparency, and expanded access to sustainable, reliable, and affordable power for Nigerians.<\/div>\n
\n
\n
\nUSAID\/Nigeria Mission Director, Melissa A. Jones, and Permanent Secretary of the Ministry of Power Mahmuda Mamman signed the MOU.<\/p>\n

This agreement will facilitate the implementation of a \u20a6115.2 billion (approximately $75 million) U.S. government grant-funded technical assistance programme for power sector development and reforms in Nigeria.<\/p>\n

Currently, over 85 million Nigerians lack access to grid power, while many others face unreliable supply.<\/p>\n

These challenges force many Nigerian families and businesses to rely on expensive, emission-intensive gasoline and diesel backup generators.<\/p>\n

Director Jones emphasized the U.S. government\u2019s commitment to advancing electrification in Nigeria, stating, \u201cToday\u2019s goal is to strengthen collaboration between USAID and the Federal Government of Nigeria and provide a framework for partnerships with other key actors, including state and local governments, electricity generation and distribution sectors, and the off-grid sector.\u201d<\/p>\n

Power Africa Coordinator Richard Nelson, attending the signing ceremony during his first official visit to Nigeria, noted, \u201cNigeria is at the core of Power Africa\u2019s strategy. I look forward to elevating our partnership to advance Nigeria\u2019s progress towards our shared goal of ensuring access to reliable, sustainable, affordable power for all.\u201d<\/p>\n

Minister of Power Adebayo Adelabu expressed gratitude for USAID\u2019s support, emphasizing the partnership\u2019s potential to transform Nigeria\u2019s power sector.<\/p>\n

He stated, \u201cThis collaboration with USAID is a significant milestone towards achieving sustainable and reliable electricity supply for all Nigerians. Together, we will address longstanding challenges, ensure transparency, enhance market liquidity, and accelerate our transition to clean energy solutions.\u201d<\/p>\n

USAID addresses these challenges through the Power Africa Initiative, a U.S. government-led partnership that leverages public and private sector resources to double electricity access in sub-Saharan Africa.<\/p>\n

Through this initiative, over 33 million Nigerians have been connected to power, approximately $4.5 billion has been mobilized for on-grid and off-grid power projects in Nigeria, and over 200 private companies in the off-grid sector have received assistance.<\/p>\n

This new initiative aims to strengthen policy frameworks, enhance regulatory capacities, and encourage private sector participation, driving Nigeria towards its clean energy and net-zero carbon emissions targets.<\/p>\n

The Ministry is committed to ensuring these interventions deliver tangible benefits to all Nigerians, promoting economic growth and sustainable development.<\/p><\/div>\n<\/div>\n<\/div>\n

<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

On July 10, the U.S. Agency for International Development (USAID) and the Federal Ministry of Power of Nigeria signed a memorandum of understanding (MOU) to support electricity sector reforms, market…<\/p>\n","protected":false},"author":1,"featured_media":97148,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-113181","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"\nUSAID signs MOU with the Ministry of Power, pledges \u20a6115.2bn ($75 Million) for electricity reforms and clean energy transition - Pointblank News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pointblanknews.com\/pbn\/news\/usaid-signs-mou-with-the-ministry-of-power-pledges-\u20a6115-2bn-75-million-for-electricity-reforms-and-clean-energy-transition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"USAID signs MOU with the Ministry of Power, pledges \u20a6115.2bn ($75 Million) for electricity reforms and clean energy transition - Pointblank News\" \/>\n<meta property=\"og:description\" content=\"On July 10, the U.S. Agency for International Development (USAID) and the Federal Ministry of Power of Nigeria signed a memorandum of understanding (MOU) to support electricity sector reforms, market…\" \/>\n<meta property=\"og:url\" content=\"https:\/\/pointblanknews.com\/pbn\/news\/usaid-signs-mou-with-the-ministry-of-power-pledges-\u20a6115-2bn-75-million-for-electricity-reforms-and-clean-energy-transition\/\" \/>\n<meta property=\"og:site_name\" content=\"Pointblank News\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-11T16:50:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2022\/07\/Power-grid.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"721\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Our Reporter\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Our Reporter\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/usaid-signs-mou-with-the-ministry-of-power-pledges-%e2%82%a6115-2bn-75-million-for-electricity-reforms-and-clean-energy-transition\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/usaid-signs-mou-with-the-ministry-of-power-pledges-%e2%82%a6115-2bn-75-million-for-electricity-reforms-and-clean-energy-transition\/\"},\"author\":{\"name\":\"Our Reporter\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\"},\"headline\":\"USAID signs MOU with the Ministry of Power, pledges \u20a6115.2bn ($75 Million) for electricity reforms and clean energy transition\",\"datePublished\":\"2024-07-11T16:50:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/usaid-signs-mou-with-the-ministry-of-power-pledges-%e2%82%a6115-2bn-75-million-for-electricity-reforms-and-clean-energy-transition\/\"},\"wordCount\":417,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/usaid-signs-mou-with-the-ministry-of-power-pledges-%e2%82%a6115-2bn-75-million-for-electricity-reforms-and-clean-energy-transition\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2022\/07\/Power-grid.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/pointblanknews.com\/pbn\/news\/usaid-signs-mou-with-the-ministry-of-power-pledges-%e2%82%a6115-2bn-75-million-for-electricity-reforms-and-clean-energy-transition\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/usaid-signs-mou-with-the-ministry-of-power-pledges-%e2%82%a6115-2bn-75-million-for-electricity-reforms-and-clean-energy-transition\/\",\"url\":\"https:\/\/pointblanknews.com\/pbn\/news\/usaid-signs-mou-with-the-ministry-of-power-pledges-%e2%82%a6115-2bn-75-million-for-electricity-reforms-and-clean-energy-transition\/\",\"name\":\"USAID signs MOU with the Ministry of Power, pledges \u20a6115.2bn ($75 Million) for electricity reforms and clean energy transition - Pointblank News\",\"isPartOf\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/usaid-signs-mou-with-the-ministry-of-power-pledges-%e2%82%a6115-2bn-75-million-for-electricity-reforms-and-clean-energy-transition\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/usaid-signs-mou-with-the-ministry-of-power-pledges-%e2%82%a6115-2bn-75-million-for-electricity-reforms-and-clean-energy-transition\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2022\/07\/Power-grid.jpg\",\"datePublished\":\"2024-07-11T16:50:50+00:00\",\"author\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\"},\"breadcrumb\":{\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/usaid-signs-mou-with-the-ministry-of-power-pledges-%e2%82%a6115-2bn-75-million-for-electricity-reforms-and-clean-energy-transition\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/pointblanknews.com\/pbn\/news\/usaid-signs-mou-with-the-ministry-of-power-pledges-%e2%82%a6115-2bn-75-million-for-electricity-reforms-and-clean-energy-transition\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/usaid-signs-mou-with-the-ministry-of-power-pledges-%e2%82%a6115-2bn-75-million-for-electricity-reforms-and-clean-energy-transition\/#primaryimage\",\"url\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2022\/07\/Power-grid.jpg\",\"contentUrl\":\"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2022\/07\/Power-grid.jpg\",\"width\":1280,\"height\":721},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/news\/usaid-signs-mou-with-the-ministry-of-power-pledges-%e2%82%a6115-2bn-75-million-for-electricity-reforms-and-clean-energy-transition\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/pointblanknews.com\/pbn\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"USAID signs MOU with the Ministry of Power, pledges \u20a6115.2bn ($75 Million) for electricity reforms and clean energy transition\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#website\",\"url\":\"https:\/\/pointblanknews.com\/pbn\/\",\"name\":\"Pointblank News\",\"description\":\"Just the news\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/pointblanknews.com\/pbn\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c\",\"name\":\"Our Reporter\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g\",\"caption\":\"Our Reporter\"},\"url\":\"https:\/\/pointblanknews.com\/pbn\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"USAID signs MOU with the Ministry of Power, pledges \u20a6115.2bn ($75 Million) for electricity reforms and clean energy transition - Pointblank News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/pointblanknews.com\/pbn\/news\/usaid-signs-mou-with-the-ministry-of-power-pledges-\u20a6115-2bn-75-million-for-electricity-reforms-and-clean-energy-transition\/","og_locale":"en_US","og_type":"article","og_title":"USAID signs MOU with the Ministry of Power, pledges \u20a6115.2bn ($75 Million) for electricity reforms and clean energy transition - Pointblank News","og_description":"On July 10, the U.S. Agency for International Development (USAID) and the Federal Ministry of Power of Nigeria signed a memorandum of understanding (MOU) to support electricity sector reforms, market…","og_url":"https:\/\/pointblanknews.com\/pbn\/news\/usaid-signs-mou-with-the-ministry-of-power-pledges-\u20a6115-2bn-75-million-for-electricity-reforms-and-clean-energy-transition\/","og_site_name":"Pointblank News","article_published_time":"2024-07-11T16:50:50+00:00","og_image":[{"width":1280,"height":721,"url":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2022\/07\/Power-grid.jpg","type":"image\/jpeg"}],"author":"Our Reporter","twitter_misc":{"Written by":"Our Reporter","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/pointblanknews.com\/pbn\/news\/usaid-signs-mou-with-the-ministry-of-power-pledges-%e2%82%a6115-2bn-75-million-for-electricity-reforms-and-clean-energy-transition\/#article","isPartOf":{"@id":"https:\/\/pointblanknews.com\/pbn\/news\/usaid-signs-mou-with-the-ministry-of-power-pledges-%e2%82%a6115-2bn-75-million-for-electricity-reforms-and-clean-energy-transition\/"},"author":{"name":"Our Reporter","@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c"},"headline":"USAID signs MOU with the Ministry of Power, pledges \u20a6115.2bn ($75 Million) for electricity reforms and clean energy transition","datePublished":"2024-07-11T16:50:50+00:00","mainEntityOfPage":{"@id":"https:\/\/pointblanknews.com\/pbn\/news\/usaid-signs-mou-with-the-ministry-of-power-pledges-%e2%82%a6115-2bn-75-million-for-electricity-reforms-and-clean-energy-transition\/"},"wordCount":417,"commentCount":0,"image":{"@id":"https:\/\/pointblanknews.com\/pbn\/news\/usaid-signs-mou-with-the-ministry-of-power-pledges-%e2%82%a6115-2bn-75-million-for-electricity-reforms-and-clean-energy-transition\/#primaryimage"},"thumbnailUrl":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2022\/07\/Power-grid.jpg","articleSection":["News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/pointblanknews.com\/pbn\/news\/usaid-signs-mou-with-the-ministry-of-power-pledges-%e2%82%a6115-2bn-75-million-for-electricity-reforms-and-clean-energy-transition\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/pointblanknews.com\/pbn\/news\/usaid-signs-mou-with-the-ministry-of-power-pledges-%e2%82%a6115-2bn-75-million-for-electricity-reforms-and-clean-energy-transition\/","url":"https:\/\/pointblanknews.com\/pbn\/news\/usaid-signs-mou-with-the-ministry-of-power-pledges-%e2%82%a6115-2bn-75-million-for-electricity-reforms-and-clean-energy-transition\/","name":"USAID signs MOU with the Ministry of Power, pledges \u20a6115.2bn ($75 Million) for electricity reforms and clean energy transition - Pointblank News","isPartOf":{"@id":"https:\/\/pointblanknews.com\/pbn\/#website"},"primaryImageOfPage":{"@id":"https:\/\/pointblanknews.com\/pbn\/news\/usaid-signs-mou-with-the-ministry-of-power-pledges-%e2%82%a6115-2bn-75-million-for-electricity-reforms-and-clean-energy-transition\/#primaryimage"},"image":{"@id":"https:\/\/pointblanknews.com\/pbn\/news\/usaid-signs-mou-with-the-ministry-of-power-pledges-%e2%82%a6115-2bn-75-million-for-electricity-reforms-and-clean-energy-transition\/#primaryimage"},"thumbnailUrl":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2022\/07\/Power-grid.jpg","datePublished":"2024-07-11T16:50:50+00:00","author":{"@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c"},"breadcrumb":{"@id":"https:\/\/pointblanknews.com\/pbn\/news\/usaid-signs-mou-with-the-ministry-of-power-pledges-%e2%82%a6115-2bn-75-million-for-electricity-reforms-and-clean-energy-transition\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/pointblanknews.com\/pbn\/news\/usaid-signs-mou-with-the-ministry-of-power-pledges-%e2%82%a6115-2bn-75-million-for-electricity-reforms-and-clean-energy-transition\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pointblanknews.com\/pbn\/news\/usaid-signs-mou-with-the-ministry-of-power-pledges-%e2%82%a6115-2bn-75-million-for-electricity-reforms-and-clean-energy-transition\/#primaryimage","url":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2022\/07\/Power-grid.jpg","contentUrl":"https:\/\/pointblanknews.com\/pbn\/wp-content\/uploads\/2022\/07\/Power-grid.jpg","width":1280,"height":721},{"@type":"BreadcrumbList","@id":"https:\/\/pointblanknews.com\/pbn\/news\/usaid-signs-mou-with-the-ministry-of-power-pledges-%e2%82%a6115-2bn-75-million-for-electricity-reforms-and-clean-energy-transition\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/pointblanknews.com\/pbn\/"},{"@type":"ListItem","position":2,"name":"USAID signs MOU with the Ministry of Power, pledges \u20a6115.2bn ($75 Million) for electricity reforms and clean energy transition"}]},{"@type":"WebSite","@id":"https:\/\/pointblanknews.com\/pbn\/#website","url":"https:\/\/pointblanknews.com\/pbn\/","name":"Pointblank News","description":"Just the news","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/pointblanknews.com\/pbn\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/ba61acbe7e8967bcf3f3ba603d9db23c","name":"Our Reporter","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pointblanknews.com\/pbn\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/83b3820ef93d502ae3a617b2c881ca42?s=96&d=mm&r=g","caption":"Our Reporter"},"url":"https:\/\/pointblanknews.com\/pbn\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/posts\/113181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/comments?post=113181"}],"version-history":[{"count":0,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/posts\/113181\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/media\/97148"}],"wp:attachment":[{"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/media?parent=113181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/categories?post=113181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pointblanknews.com\/pbn\/wp-json\/wp\/v2\/tags?post=113181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}