Nigerian Government, Turkey To Design Electricity Trading Structure

The Federal Government says it had entered into a partnership with the Turkish energy firm, EXIST (Energy Exchange Istanbul), to design a functional trading structure for the Nigerian Electricity Supply Industry, among others. <br />It says the partnership came on the heels of a Memorandum of Understanding signed by the Nigerian Bulk Electricity Trading Plc with EXIST to boost cooperation and knowledge exchange between the two countries. <br />The government says the cooperation agreement, signed between NBET and EXIST at the latter’s campus in Maslak, Turkey, was designed to explore mutually beneficial opportunities for growth between both agencies.