Archives Tag: Power Plants

BUSINESS ECONOMY

NNPC and US Agency Sign $1.16 Million Deal for New Power Plant in Abuja

April 19, 2022

Nigeria’s state-owned energy company, the Nigerian National Petroleum Corporation (NNPC), has signed a deal with the United States Trade and Development Agency (USTDA) to build a new 1,350 megawatts (MW) power plant in Abuja. The agreement should see the USTDA come up with a $1.16 million grant to finance the project. The deal was signed … Continue reading NNPC and US Agency Sign $1.16 Million Deal for New Power Plant in Abuja

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ECONOMY Energy News

Nigeria Will Complete 11 Power Plants by 2014 – Minister

April 19, 2022

The Federal Government is currently constructing 11 power plants which will be completed before the second quarter of 2014, Information Minister, Laraban Maku has said. He said that “seven out of the power plants have so far been completed, while efforts are being intensified to complete others before the end of the first quarter of … Continue reading Nigeria Will Complete 11 Power Plants by 2014 – Minister

By sheyi

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News

Nigeria Unveils Bids For National Power Plants

April 19, 2022

By David Stephen. The Bureau of Public Enterprise (BPE) has revealed that about $1.62 billion (roughly 255 billion naira), was placed on five, of the six power generation companies in Nigeria – in bids – to purchase them. Afam Power Plc, Ughelli Power Plc, Geregu Power Plc, Sapele Power Plc, Kainji Power Plc and Shiroro … Continue reading Nigeria Unveils Bids For National Power Plants

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