Latest news with #NigerianPresidentialMeteringInitiative
Egypt Today
22-03-2025
- Business
- Egypt Today
Egypt, Nigeria discuss boosting coop. in energy, electricity
CAIRO - 22 March 2025: Egypt's Ambassador in Abuja Mohamed Fouad has discussed in a meeting with Nigerian Energy Minister Adebayo Adelabu, ways of fostering the existing cooperation between the two countries in the fields of energy and electricity, as well as activating a memorandum of understanding signed in January 2023. During the meeting, the Egyptian ambassador highlighted the quantum leap witnessed by Egypt in the past years in terms of enhancing the capacity and efficiency of the national grid, and expanding the use of new and renewable energy sources, according to a statement released by the Foreign Ministry on Friday. Fouad expressed Egypt's willingness to transfer its experience in electricity production and distribution to Nigeria, which is currently implementing an ambitious program for developing the electricity sector and addressing chronic problems in electricity generation capacity and distribution efficiency. On his part, the Nigerian minister commended Egypt's achievements in the energy sector, expressing hope to benefit from distinguished Egyptian expertise for executing the Nigerian Presidential Metering Initiative aimed at strengthening electricity generation capacity and raising the efficiency of distribution networks. The two sides probed the possibility of contracting Egyptian energy companies to put into force the Nigerian Presidential Metering Initiative.
Middle East
22-03-2025
- Business
- Middle East
OPEN// Egypt, Nigeria discuss boosting coop. in energy, electricity
CAIRO, March 21 (MENA) - Egypt's Ambassador in Abuja Mohamed Fouad has discussed in a meeting with Nigerian Energy Minister Adebayo Adelabu, ways of fostering the existing cooperation between the two countries in the fields of energy and electricity, as well as activating a memorandum of understanding signed in January 2023. During the meeting, the Egyptian ambassador highlighted the quantum leap witnessed by Egypt in the past years in terms of enhancing the capacity and efficiency of the national grid, and expanding the use of new and renewable energy sources, according to a statement released by the Foreign Ministry on Friday. Fouad expressed Egypt's willingness to transfer its experience in electricity production and distribution to Nigeria, which is currently implementing an ambitious program for developing the electricity sector and addressing chronic problems in electricity generation capacity and distribution efficiency. On his part, the Nigerian minister commended Egypt's achievements in the energy sector, expressing hope to benefit from distinguished Egyptian expertise for executing the Nigerian Presidential Metering Initiative aimed at strengthening electricity generation capacity and raising the efficiency of distribution networks. The two sides probed the possibility of contracting Egyptian energy companies to put into force the Nigerian Presidential Metering Initiative. (MENA) M R E/R R N
