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United States Set To Invest $1B In Nigeria’s Power Sector


Few days after the United States, US, President, Donald Trump, called his Nigerian counterpart, Muhammadu Buhari, an initiative of the US country to light up Africa, ‘Power Africa,’ says it’s planning to invest about one billion dollars on the power sector in Nigeria.

This was disclosed by the programme’s Coordinator, Andrew Herscowitz while addressing a press conference in Abuja, on Tuesday.

Noting that the programme was aimed at strengthening Nigeria’s power sector, Herscowitz said US has already committed billions of dollars in funding the nation’s energy projects.

Herscowitz disclosed that the programme which was launched by the immediate past US President, Barack Obama in 2013 is aimed at adding more than 30,000 megawatts efficient energy development in sub-Saharan Africa.

According to Herscowitz, the project also targets unlocking the substantial wind, solar, hydro power, natural gas, biomass, and geothermal resources on the continent.

He said, “Since Power Africa was launched, U.S. Trade Development Agency has committed approximately 6.5 million dollars in funding for 10 activities supporting Nigeria’s energy sector, which could leverage up to 2.7 billion dollars in investment.

“It has advanced 50 million dollars in financing from the Oversea Private Investment Corporation (OPIC) to Lumos, a Nigeria-based solar energy company, to scale up it’s off grid solar power service to about 200,000 Nigerian homes and businesses.

“Power Africa has supported power companies in the country to the tune of 100 million dollars capital expenditure credit enhancement facility with a corresponding 6.5 million dollars in technical assistance

“And (supported) another 1.5 million dollars for limited commodity to turn around the DISCOS.”

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Tips For Making The Right Car Choice | Blog | IbomYellowPages™

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Tips For Making The Right Car Choice


So, you want to buy a new car. That is great, but do you know how many mistakes you can make while buying a car? Keep reading to learn more about car shopping, and you will find the ideal vehicle at the right price.
Buy The Car Of Your Dreams The Right Way Set a budget before visiting a dealership. Do not go over what you planned to spend, no matter what payment plans your dealer offers. Remember, they wont be paying for it, you will. Shop at months end. Typically, you can get the best deals around this time. A salesman maybe a bit behind on their monthly quota and be more desperate to make a good sale. If a salesman is pressuring you, feel free to ask for someone else. Never settle for someone who intimidates you. If that is happening to you,talk to a different salesperson.
When purchasing a used car, its important that you do thorough research. It is not hard to find out what the model you want is worth. If there is a dealer selling cars at too high of a price, search other places. It can really work out for you to buy your car later in the month. Dealerships try to meet monthly quotas. These deals can save you a lot of money on your purchase. Sometimes, you can use this to your advantage and negotiate a better price on the car you want.
When you are buying a car, you are wasting your money if you dont talk down the sticker price. It isnt necessary to pay the sticker price for a vehicle. These prices are high to allow negotiating room for the seller.
Avoid signing as-is warranties when you buy a used vehicle. This will be a decision youll regret later. You should have at least a 60 day warranty in place upon purchase. You are the one responsible for the car after you leave the lot.
When Buying A New Car Once a new model of a car comes out, wait a while before you buy one. You generally pay more based on how new the car is. Instead, bide your time for several months. Once the car isnt as "hot," go back and see what kind of deal you can negotiate. Dont get your heart set on just one make and model. You could find a car that you want from one of the big car manufacturers. You might be looking for a certain kind of car; they will have it. Compare dealers so that you can get extras you need, at a price that fits your budget.
With the curtain raised on car shopping, you are now ready to car shop with the best of them. Discovering the best car for you is very important. Use this advice to keep the car you want from getting away.

Check out Full list of where to buy cars And SpareParts in Akwa Ibom


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