The Federal Government’s push to strengthen Nigeria’s fragile power infrastructure has advanced as the FGN Power Company Limited held high-level meetings with Ebonyi and Enugu State governments to accelerate Phase 1 of the Presidential Power Initiative (PPI).
FG, Chinese Firm Sign $328.8m Electricity Transmission Deal
The Federal Government on Wednesday signed a $328.8m contract with Chinese firm China Machinery Engineering Corporation to rehabilitate and expand Nigeria’s electricity transmission network under Phase 1 of the Presidential Power Initiative.
The pact was for engineering, procurement,...
Nigeria to Invest $800m in Power Sector
The Federal Government says it plans to invest 800 million dollars in the construction of sub-stations and distribution networks as part of the Presidential Power Initiative (PPI).
This is contained in a statement issued by Mr Bolaji Tunji, the...