Washington, DC (PRWEB) September 19, 2013
As part of the modernization of Nigeria’s electricity distribution infrastructure, senior executives from four leading distribution companies (DISCOs) – Abuja, Benin, Eko, and Ikeja – with a combined procurement budget of over $800 million, will participate in a Reverse Trade Mission (RTM) to the United States from October 15-25, 2013, sponsored by the United States Trade and Development Agency (USTDA). The delegation will comprise senior decision makers from Nigeria’s newly privatized electricity distribution companies, the Nigerian Electricity Regulatory Commission and a commercial representative from the U.S. Embassy in Abuja.
As part of the Government of Nigeria’s Power Sector Reform Roadmap, the sector is being overhauled to accelerate the expansion of power supply while dramatically improving service delivery, revenue recovery and efficiency across the power sector value chain. A cornerstone of this reform is the ongoing privatization of eleven distribution companies in Nigeria.
“The expected growth in Nigeria’s power sector is creating unprecedented opportunities for U.S. firms,” noted USTDA’s Regional Director for Sub-Saharan Africa, Paul Marin. “The recent privatization of Nigeria’s distribution sector will enable critical investments to be made and improve electricity services throughout the country in coming years.”
The RTM will expose Nigerian delegates to U.S. technologies, equipment, and services, as well as policies, regulations, financing mechanisms and management structures that can support the implementation of smart grid infrastructure in Nigeria’s distribution companies. U.S. companies are being encouraged to participate in this RTM through:
For more information about the Nigeria Electricity Distribution Sector RTM, to register for the business briefing or to learn about sponsorship opportunities, please visit http://nigeriadiscortm.poweredbytwg.com/
The U.S. Trade and Development Agency helps companies create U.S. jobs through the export of U.S. goods and services for priority development projects in emerging economies. USTDA links U.S. businesses to export opportunities by funding project planning activities, pilot projects, and reverse trade missions while creating sustainable infrastructure and economic growth in partner countries.