AfDB to focus more on power sector -Official



*The President, Africa Development Bank (AfDB), Dr Akinwumi Adesina,

By Energy Worth

Senior Director, Research and Development Nigeria Country Office of African Development Bank (AfDB), Mr. Faal Ebrima, has said that the bank will focus mostly on the power sector in 2018. Faal said this at an interactive session with newsmen at its first regional office in Abuja on Thursday.

The AfDB Chief disclosed that a solar power project in Jigawa State with a cost of about $200 million as well as a 56 megawatts solar project in Sokoto valued at $100 million are to be executed. “The biggest project that we are working on in the power space this year is called the Qua – Iboe Power project in AkwaIbom and that’s a 540 megawatts power project (about $900 million”).He said the essence was to supplement the generation of more power that would allow the bank to have additional sources to support both the building and the premise.

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