Nigeria has assured the World Bank of its commitment to follow through power sector reforms to achieve its objective of stable and constant energy supply in the country.
Vice President Yemi Osinbajo told the bank official on a visit to his office that the government was appreciative of the support by the World Bank to the implementation of the Power sector recovery programme of the government.
The delegation of the World Bank (WB) and the International Finance Corporation (IFC) was led by
The delegation of the World Bank (WB) and the International Finance Corporation (IFC) was led by
Riccardo Puliti, Senior Director of the Bank’s Global Energy Practice.
Osibanjo noted that the partnership with the World Bank had helped “Nigeria a great deal with the timelines and milestones that had to be achieved and also a great deal in refining our own approach to the entire reform process’’.
“We are completely committed to ensuring that we play our part in the arrangement and we think that this possibly one of the clearest pathways in a long time,’’ he added.
He lauded the partnership between the Federal Government and the World Bank team for the commitment and support shown to the implementation of the Power sector recovery programme.
In his remarks, the Senior Director of Global Energy Practice at the World Bank, Puliti, expressed satisfaction with federal government’s cooperation and commitment to the reform of the power sector.
According to him, the partnership between the World Bank and the federal government is a model which will add great value to the power sector in Nigeria.
Puliti equally praised President Muhammadu Buhari for the remarkable achievements in the ease of business ranking released recently by the World Bank.
He noted that it was a major milestone for the country’s economic reform programme.
The meeting was attended by the Minister of Power, Works and Housing, Babatunde Fashola and the Minister of Finance, Kemi Adeosun.
Osibanjo noted that the partnership with the World Bank had helped “Nigeria a great deal with the timelines and milestones that had to be achieved and also a great deal in refining our own approach to the entire reform process’’.
“We are completely committed to ensuring that we play our part in the arrangement and we think that this possibly one of the clearest pathways in a long time,’’ he added.
He lauded the partnership between the Federal Government and the World Bank team for the commitment and support shown to the implementation of the Power sector recovery programme.
In his remarks, the Senior Director of Global Energy Practice at the World Bank, Puliti, expressed satisfaction with federal government’s cooperation and commitment to the reform of the power sector.
According to him, the partnership between the World Bank and the federal government is a model which will add great value to the power sector in Nigeria.
Puliti equally praised President Muhammadu Buhari for the remarkable achievements in the ease of business ranking released recently by the World Bank.
He noted that it was a major milestone for the country’s economic reform programme.
The meeting was attended by the Minister of Power, Works and Housing, Babatunde Fashola and the Minister of Finance, Kemi Adeosun.
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