The Enugu State Authorities has signed a landmark $100 million settlement with Austrian agency WANDE NEXUS to overtake its water infrastructure, aiming to ship sustainable and equitable entry throughout the state.
The deal, formalized on the Authorities Home on December 2, was attended by the Austrian Ambassador to Nigeria, Thomas Schlesinger, and represents a major increase to the state’s improvement agenda.
Governor Peter Mbah described the partnership as a transformative milestone, showcasing the success of his administration’s efforts to draw overseas direct funding (FDI).
“This $100 million funding addresses essential last-mile connectivity points in our water system,” Mbah mentioned. “It’s a testomony to the financial reforms at each the federal and state ranges, positioning Enugu as a premier funding vacation spot.”
The governor emphasised that the settlement was not exploratory however a definitive step towards implementation, with funds able to stream. Underneath his administration, water manufacturing has already elevated considerably, from a sporadic two million litres per day to 120 million litres. Nonetheless, Mbah famous that distribution stays a problem, significantly in increasing the community to attach tertiary pipelines to households.
“This settlement will resolve our downstream water points, guaranteeing that each residence has entry to scrub, dependable water,” Mbah added.
Ambassador Schlesinger praised the governor’s imaginative and prescient and dedication to enhancing public utilities. “Governor Mbah’s dedication to modernizing Enugu’s water programs is exemplary.
His energetic engagement with Austria, together with conferences in Vienna with ministers and enterprise leaders, has laid the inspiration for this funding,” Schlesinger mentioned.
This collaboration not solely indicators Enugu’s rising profile amongst worldwide buyers but in addition underscores the potential for public-private partnerships to drive transformative improvement in Nigeria.
