Sambo Encourages Foreign Firm to Partner With A Nigerian Company

Vice President Arc. Mohammed Namadi Sambo has advised the Trevi Group and Italian Energy Engineering Company to partner with a Nigerian company to access financing from the World Bank support funds in the area of power supply.

He gave this advise when the Chief Executive Officer of the Group, Dr Cesare Trevisani paid him a courtesy call in his office at the State House today.  The Vice President stated that one of the priorities of the Jonathan administration is the provision of adequate power to the country.  He noted the efforts being made to generate, transmit and distribute power and called on the Trevi Group to be part of the scheme.  He stated that funds have been provided by the World Bank to be accessed by companies that meet the criteria which includes partnership with a Nigerian company.

The Vice President also stated that to ensure that a framework is put in place to regulate the activities in the power sector, government created the National Electricity Regulatory Commission (NERC), the bulk trader and the ICRC for such purposes.  He observed that Trevi Goup as a drilling company has been in the country long ago, the company is very welcome into the power sector as there initiative is in line with the Transformation Agenda.

Responding, the Chief Executive Officer of the company who was accompanied by the Italian Ambassador to Nigeria, Ambassador Roberto Colamine said that they had brought a new concept of modern management in electricity production and water management and are willing to be part of the power supply efforts of the government.

Present at the meeting was the Deputy Italian Ambassador to Nigeria Dr. Niccola Bazzani, the Permanent Secretary Water Resources, Ambassador Godswill Igali and other top government officials.



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