The United States of America don yarn say dem go datch Naija one billion dollars ontop light matter.
Power Africa, na one initiative wey the US government bring, so dem go fit put light and increase electricity with 30,000 megawatts of cleaner and make light dey steady inside the sub-Saharan Africa
Mr Andrew Herscowitz wey be programme coordinator, yarn for one press conference inside Abuja say, US dey ready to spend billons inside Naija light matter.
Mr Andrew Herscowitz, yaen say na ex presido Barack Obama nayim ring this initiative for 2013 to increase elecrticity inisde africa.
Read wetin Andrew yarn
“Since Power Africa was launched, U.S. Trade Development Agency has committed approximately 6.5 million dollars in funding for 10 activities supporting Nigeria’s energy sector, which could leverage up to 2.7 billion dollars in investment," Herscowitz said.
“It has advanced 50 million dollars in financing from the Oversea Private Investment Corporation (OPIC) to Lumos, a Nigeria-based solar energy company, to scale up it’s off grid solar power service to about 200,000 Nigerian homes and businesses,".
“Power Africa has supported power companies in the country to the tune of 100 million dollars capital expenditure credit enhancement facility with a corresponding 6.5 million dollars in technical assistance.
“And (supported) another 1.5 million dollars for limited commodity to turn around the DISCOS,”
“If the DISCOs do not work, the energy sector as a whole does not work."
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