The Federal Government on Tuesday signed two Memorandum of Understanding (MoUs) with a Chinese Company, Mutual Commitment Company (MCC) limited.

The MoU was facilitated by the Rural Electrification Agency (REA), an agency of the Federal Ministry of Power.

Speaking at the event which took place in Beijing on the eve of the opening ceremony of the African-China Co-operation Summit, Adelabu said the MoU event is important and will go down as a memorable day for Nigeria, especially, towards achieving Nigeria’s vision for the renewable energy sub sector of the entire electricity sector value chain.

According to him, Nigeria and China have a lot of things in common one of which is the fact that Nigeria and China are both high population countries and with a country with high population noting that the first pressure is that of energy access and the second being job creation.

The Minister reiterated the fact that President Tinubu has prioritized the power sector as the driver for all other critical sectors of the economy, saying
energy access and expansion is government’s major priority because nothing can be achieved without strong, stable, functional and reliable electricity sector.

Speaking earlier, Aliyu reiterated the importance of the ceremony in delivering on the Presidential mandate of building local capacity and creating more job opportunities. He said MCC is presently engaged in Nigeria with the construction of 12megawatts and 3 megawatts power plants in Maiduguri and Kaduna, respectively.

Vice Chairman of MCC, Yan Zhezhu who spoke through an interpreter expressed appreciation on the power minister’s commitment to Nigeria’s energy growth.

Meanwhile, the National grid on Monday hit a record high of 5,313 megawatts, a record high in the last three years. On the heels of this, the Minister called on the Distribution Companies to make use of the opportunity to take more energy in order to prevent grid collapse as
frequency drops.