Business

Minister pledges to deepen public private partnership to promote growth

By Adewale Sanyaolu

The Federal Government has pledged to deepen public private partnership to enhance the nation’s economic and social growth.

Minister of Power, Mr. Adebayo Adelabu, stated this at a media briefing held in Abuja recently to announce the lineup of activities for the forthcoming 2023 edition of Informal Market’s Nigeria Energy Exhibition and Conference.

The Minister, who was represented by the Director of Investment and Sector Development, Evangeline Olumoroti Babalola, said the Ministry has for several years supported the efforts of Informa Markets to attract more investors into the sector.

Adelabu said  Informa Markets has been on the frontline of partnering with the Ministry to promote and host investors in the Nigerian Power Sector.

‘‘This government will continue to foster these kinds of robust partnerships between the public and private sectors, to enhance our nation’s economic and social growth”.

In an official communication to the organisers, the Ministry of Power also commended Informa Market’s sustained efforts in organising the trademark energy exhibition and conference and pledged its support and partnership.

“In view of the recently enacted ‘Electricity Act 2023’ in the country, it is our deep conviction that the conference will provide a veritable platform for critical stakeholders to explore fundamental issues in the Act,” it read.

Also speaking, Ade Yesufu, Exhibition Director, Nigeria Energy, said “The recently enacted Electricity Act 2023 is a step in the right direction for the country, but it is necessary that stakeholders across the Energy sector connect to discuss the next steps to actualise the goal.

The Nigeria Energy Exhibition and Conference provides this opportunity as a platform for local players and international investors to proffer insights and solutions to challenges that may be limiting the industry. As the leading Energy platform event in Nigeria and West Africa, we appreciate the support of the Ministry of Power to unlock new value with reforms, investments, and technology,’’.

Marking its 10th year anniversary, the Nigeria Energy Exhibition and Conference is themed, “Unlocking new value with reforms, investments and technology”, and will bring together government, private sector, and investors to find solutions to the challenges facing Nigeria and West Africa’s electricity sector.

This year’s anniversary edition will present delegates with the unique opportunity to hear, engage, and network with key industry stakeholders within the sector.

To celebrate its milestone, the Nigeria Energy Exhibition and Conference will feature two impactful conferences – a high-level Leadership Summit and a Technical Seminar. The Nigeria Energy Leadership Summit will gather senior stakeholders involved in the value chain, including government dignitaries, gas-to-power generation companies, independent power producers, generation, distribution, and transmission companies, technology providers, financiers, and agencies facilitating the development of renewable and off-grid solutions, with a mission to find solutions to the most pertinent issues in the sector.

More than 5,000 energy stakeholders are expected to attend, with over200 exhibitors and three international pavilions from China, Germany, and Turkey.

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