This will be organised in conjunction with the Federal Ministry of Power, Works and Housing headed by Babatunde Fashola. The summit has also been endorsed by the National Power Training Institute of Nigeria, the Nigeria Investment Promotion Commission Bayelsa State Government, the Nigerian Electricity Regulatory Commission, the Electricity Commission of Nigeria and the Transmission Company of Nigeria. In a statement released ahead of the summit, it was explained that Nigeria presented opportunities and the power sector has shown indication of development. “In the last 12 months, Nigeria’s electricity sector has been transformed with the arrival of Minister Babatunde Fashola, Minister for Power, Works and Housing. “The sector has been transformed by Fashola who has set out clearly his intention to break down the barriers to investment in the country’s energy sector.
It seems Nigeria is already set to benefit from President Buhari’s trip to China as the 3050 WM Mambilla hydro-power project is set to start.The team of experts inspected areas mapped out for the project from River Dongo in Gembu, headquarters of Sardauna local government area. According to the design, the project will also boost irrigation farming in the state which has been applauded by farmers in the region. It was reported that the Chinese contractors had presented the scope of work to the federal government and that the setback in the project caused by disagreement between two Chinese companies had been resolved. A power sector expert explained that the project should have started since 2011 but the inclusion of Sinohydro Corporation, a Chinese firm that was not part of the original bid winners caused the setback.