Electricity projects in Nigeria:

'Lankan investors have many investment opportunities'

Ridma Dissanayake

Lankan investors have a number of opportunities in investing both on large scale and medium scale electricity projects in Nigeria, Nigerian Ambassador in Sri Lanka Femi Akeion Rotimi said when he met Power and Energy Minister Pavithra Wanniarachchi yesterday at the Power and Energy Ministry. They discussed matters pertaining to the investment opportunities in Nigerian electricity sector.

The Nigerian Ambassador said any type of Sri Lankan investor can invest in the Nigerian power sector and they can become contributors to the power generation in Nigeria.

According to Femi the technology which have used in the small scale hydro power generation projects in Sri Lanka is very effective and he paid his willingness to exchange the technical knowledge between Sri Lanka and Nigeria on behalf of the Nigerian government.

"There are a large number of reservoirs in Nigeria and Sri Lankan investors can use them for large scale or medium scale power generating projects. Investing in Nigeria will be a great opportunity for Sri Lankan investors and it will be another support to strengthen the diplomatic relations between the two countries," he further explained.

Minister Wanniarachchi explained the current situation of the country and the progress in the development process going on in the island under the leadership of President Mahinda Rajapaksa. She also explained the present situation of electricity sector in Sri Lanka. She said that government is attempting to supply electricity for all by the end of next year.