The Sun , 19th May, 2014; By Dennis Mernyi, Abuja
The Federal Government plans to invest in renewable energy to supplement power generation from conventional means and satisfy the energy needs of Nigerians, Minister of State for Power, Mohammed Wakil has said.
â€śWe are committed to driving the presidentâ€™s agenda, his vision of a Nigeria where in the next one decade, more than 30,000MW of electricity will be generated from renewable sources,â€ť said Wakil.
â€śIt is to that end that we are also working on Presidential Initiative on Renewable Energy for power generation. This is to provide needed political support at the highest level of government for local and foreign investment and drive in solar, wind, small hydro and bio mass power,â€ť he added.
Speaking while receiving in his office the Vice President of China Hydro International, Mr. Han Yang, the minister said the government is speedily joining the worldwide trend to harness clean energy available in wind, solar and hydro resources of the country.
According to him, President Goodluck Jonathan is determined to explore all avenues to address the power challenges in Nigeria. The Minister said work was at an advance stage on the Katsina wind farm which will soon be completed.
He stated that the draft renewable energy policy that government just finalized when finally approved will provide an integrated framework for all stakeholders andÂ investors in clean energy form power generation.
Speaking earlier, the Vice President of the Chinese firm, Mr Han Yang, said his firm is interested in collaborating with Nigerians for investment in all sectors of renewable energy, explaining that the company has more than fifty years experience in executing projects in solar, wind and hydro power.
â€śWe are in Nigeria to explore investment opportunity and we are satisfied with details provided by the Minister,â€ť the Vice President said.