Skip to main content

Patrice Talon: ECOWAS inaugurates regional electricity market to tackle power challenge

ECOWAS inaugurates Regional Centre for Disease Control in Abuja

President of Benin, Mr Patrice Talon, represented by the Senior Minister of Planning and Development, Mr Abdulahi Tchiane, officially inaugurated the project.

The Economic Community of West African States (ECOWAS) on Friday inaugurated its Regional Electricity Market to address power challenges and fast track efficient cross-border electricity trade among member states.

President of Benin, Mr Patrice Talon, represented by the Senior Minister of Planning and Development, Mr Abdulahi Tchiane, officially inaugurated the project.

He said that the measure would go a long way in ensuring steady integrated power supply among member states.

The News Agency of Nigeria (NAN) reports that the official launch was preceded by series of meetings by experts and Ministers of Energy from ECOWAS Member States  to review and adopt a document for the take off of the regional electricity market.

Talon said that the inauguration of the project was a realisation of the founding fathers of ECOWAS and would help boost economic integration and development in the sub region.

“The inauguration of this project is very historic and it will also help our economic integration and development in ECOWAS, ” he said.

Earlier, Nigeria’s Minister of State for Power, Works and Housing, Mr Suleiman Hassan told NAN that the project would help solve some of the power challenges in the sub region.

He said that Nigeria as a major player in the electricity market would be fully involved in the implementation of the project.

“The setting up of the regional electricity market will help solve the problem of unequal distribution of energy resources between member states,

“It would also bridge the gap between supply and demand for electricity,

“In the long run, the regional integration of the West African Electricity sector into a unified market will enable the population of ECOWAS benefit from a more reliable and affordable electricity supply, ” he said.

The Regional Electricity Market is being coordinated, managed and regulated by the ECOWAS Regional Electricity Regulatory Authority (ERERA) and the West African Power Pool (WAPP).

The Regional Electricity Market is planned in three phases with the first phase being transitional for two years while the second phase kick starts by 2020 with a competitive market.

The third phase is a long term vision dependent on the availability of adequate regional transmission capacity and enough generation reserve in member States.

ridoola.blogspot.com.ng
Labels:

Comments

Post a Comment

Popular posts from this blog

Okpebholo suspends A-G & LG Chair under 3 months over finance dealings

The Edo Government has announced the suspension of Samson Osagie , its Attorney-General and Commissioner for Justice, and Damian Lawani , chairman of the Local Government Service Commission. Mr Musa Ikhilor , Secretary to the State Government (SSG) announced the suspension in a statement in Benin on Thursday morning. ALSO READ: Kano Govt suspend 2 school principals for alleged absenteeism, negligence Ikhilor said the two-state top officials were suspended over allegations of “grave official and financial interactions”. Okpebholo suspends Edo Attorney-General and LG Service Commission Chairman According to him, the suspension, which takes immediate effect, is pending the conclusion of an investigation into the allegations. The SSG said; It is hereby announced for the information of the general public that Gov. Monday Okpebholo has approved the suspension from office of the Chairman of Edo Local Government Service Commission, Damian Lawani and Commissioner for Justice, Samson Os...
Post a Comment
Read more

Family Homes Funds, TETFund & Private Investors Lead National PPP Drive for Renewed Hope Student Housing Projects

The Renewed Hope Student Housing Project is a Public Private Partnership initiative of His Excellency Bola Ahmed Tinubu GCFR that is set to improve the living standards and revitalize infrastructure across Tertiary Institutions in the country with a plan to deliver 38,400 world class student hostel bed spaces across a total of 24 locations: 12 Universities, 6 Polytechnics & 6 Colleges of Education. The Renewed Hope Student Hostel Project in each of the 24 locations will boast 1,600 bed spaces, 400 ensuite rooms with study table and chairs, 4 reading rooms, common room, cafeteria & restaurants, laundromat, grocery shops, salons, public toilets etc.  Family Homes Funds Limited (FHFL), in partnership with the Federal Government of Nigeria, the Tertiary Education Trust Fund (TETFund) and Africa Plus Partners Nigeria Limited is set to deliver on Mr. President’s promise to transform student accommodation nationwide through the Public Private Partnership (PPP) Renewed Hope Stude...
Post a Comment
Read more

NYSC Mobilisation & Academic Standards – Raising quality or adding pressure on students?

On September 29, 2025, President Bola Ahmed Tinubu approved a reform linking the National Youth Service Corps (NYSC) mobilisation process to the National Policy for the Nigeria Education Repository and Databank (NERD). By invoking Sections 2(4)(4) and 16(1)(C) of the NYSC Act, Tinubu stated that no graduate, whether from a Nigerian or foreign institution, will be mobilised for or exempted from NYSC without proof of compliance with the NERD policy. In a common man's understanding, the Federal Government has announced that Nigerian students must now submit their final-year projects or thesis before they can be mobilised for the National Youth Service Corps (NYSC). This policy aims to improve academic standards, ensuring that no student skips essential academic requirements before entering the NYSC scheme . On the surface, this sounds like a laudable idea, but a deeper look reveals a different reality. In many universities, students are allowed to graduate and mobilised for NYSC  ...
Post a Comment
Read more