The D-8 Countries on Wednesday pledged their support for the power sector reforms in Nigeria.
Ms Herietta Ighomorore, Head Corporate Communication, Nigerian Bulk Electricity Trading Plc. (NBET), said this in a statement in Abuja.
Ighomorore quoted Amb. Isiaka Imam, the Secretary-General of the D-8 Countries Organisation for Economic Cooperation, as making the pledge when he visited the management of NBET.
She said that the D-8, also known as Developing-8, is an organisation for development cooperation.
The D-8 countries are : Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan and Turkey.
According to her, some member states of the D-8 have successfully implemented reforms in their respective electricity and energy sectors, Turkey, Egypt and Iran have a combined total installed electricity capacity of over 240,000 MWs.
Imam assured NBET management of the commitment of the D-8 Organisation Secretariat to provide support and all necessary assistance toward facilitating collaboration among the D-8 countries for sustainable development and growth.
He commended the managing director of NBET for his commitment and resilience in managing the financial transactions and contract administration in the Nigeria Electricity Supply Industry (NESI).
According to him, both parties are optimistic of the immense opportunities in the Nigerian Power Sector and pledged to collaborate for sustainable development of the sector.
”Nigeria can leverage on the learning experience from these countries to develop its electricity market,” he said.