WAPIC Puts Nigerian Power Successes and Opportunities in the Spotlight

Lagos, Nigeria, December 11, 2014 --(PR.com)-- The West African Power Industry Convention (WAPIC), held recently in Lagos, Nigeria, smashed all attendance records, attracted many power industry heavyweights, celebrated the successes of the power sector privatisation but also openly discussed the challenges the region is facing with regards to its energy demands.

In welcoming delegates to the opening keynote session, Nigeria’s Minister of Power, the Honourable Prof Chinedu Nebo, noted that the 11th annual WAPIC conference and exhibition was timely as it was “the first of its kind in the post-privatisation period in the country.” Heirs Holdings CEO Tony O. Elumelu also addressed the opening session.

Says event director Claire O’Connell: “We had very high expectations for this year’s WAPIC but even our predictions were exceeded. We had a record 350 attendees at the opening session and our overall attendee grew by more than 56% to 1350, compared to 865 last year. Our exhibitor numbers more than doubled to 286, as did the media contingent that attended and covered the event. All in all, a ground breaking success!”

Importance of privatisation
Vibrant messages were imparted by keynote speakers including the importance of the privatisation exercise in the country where licences were provided to six power generation companies, 11 power distribution companies and one power transmission company.

“However,” says O’Connell, “the overarching message from keynote speakers is that the privatisation exercise would be ‘more glamorous if we had power’ and that this robust sector cannot perform optimally without a robust transmission and distribution network. The panellists spoke openly about the problematic limited availability of gas which is undermining power generation, but discussions ended on a positive note that it is now up to us to create the right environment for foreign direct investment.”

West African Power Industry Awards
More high-level power industry pioneers were seen during the event at the inaugural West African Power Industry Awards where Dr. Ngozi Okonjo-Iweala, Nigerian Coordinating Minister for the Economy and Minister of Finance, former Nigerian Power Minister Bart Okechukwu Nnaji and Ughelli Power were some of the popular winners. The award for Outstanding Woman in Power was presented to Dr. Ngozi Okonjo-Iweala, Prof Nnaji was honoured with the Lifetime Achievement Award while Ughelli Power won for the Power Transaction of the Year.

Other winners were:
Best Rural Electrification Project: Solar Light Company
Best Renewable Energy Project: Quintas
Excellence in Power Transmission or Distribution: ABB
Excellence in Power Generation: Seven Energy

Industry support
The 11th edition of this long running conference and expo also enjoyed overwhelming support from the industry. The global networking and telecommunications giant, Huawei, was the exclusive diamond sponsor for WAPIC. Other leading industry names such as the Nigerian IPP Genesis Electricity Limited (GEL) and Aiteo Power Generation and Distribution Company were platinum sponsors for the event.

The West African Power Industry Convention is organised by Spintelligent, leading Cape Town-based trade exhibition and conference organiser, and the African office of Clarion Events Ltd, based in the UK.

WAPIC dates and venue for 2015:
Conference days: 25-26 November 2015
Pre-conference workshops: 24 November 2015
West African Power Industry Awards: 25 November 2015
Site visits: 27 November 2015
Venue: Eko Hotel, Lagos, Nigeria

Web: www.wapicforum.com
LinkedIn: West African Power Forum – WAPIC
Twitter: https://twitter.com/wapic_expo

Communications manager: Annemarie Roodbol
Telephone: +27 21 700 3558
Email: annemarie.roodbol@spintelligent.com
West African Power Industry Convention (WAPIC)
Annemarie Roodbol
+27 21 700 3558