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Nigeria and the International Energy Charter Deepening Cooperation in 2018

On 2 February 2018, the Energy Charter Secretariat hosted the first subgroup meeting on Modernisation that attracted a host of representatives from all around the world to discuss the next steps forward in the Energy Charter Process. On the margins of the meeting, Energy Charter Secretary General Dr Urban Rusnák met with the Nigerian delegation to confirm ongoing joint cooperation and activities. The Nigerian delegation was represented by the Director General of the Energy Commission of Nigeria (ECN), Professor Bala Eli Jidere and Director Joseph Olayande, Director of Energy Planning and Analysis at the Commission.

The joint collaboration efforts centre on Nigeria’s participation in the public and extended version of the Energy Investment Risk Assessment (EIRA) project which Nigeria is part of, as it is a strategic and useful instrument that can help the Nigerian government monitor the performance of the energy sector and areas of necessary improvement based on the specified indicators. 

Other activities include the High level National Energy Summit scheduled to take place in Abuja in July 2018, and the presentation of the 2018 EIRA Report to the National Executive Council. Nigeria has signalled a strong commitment to accede to the Energy Charter Treaty as evidenced by nominating a Secondee (government expert) to work at the Secretariat beginning in April of this year. Based on the long term MoU signed in 2017 between Nigeria and the Energy Charter Secretariat, both parties have committed to continuing cooperation in 2018 and beyond.