Archives Tag: USTDA

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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BUSINESS Energy News

Honeywell Group and USTDA Sign Grant Agreement to Aid N31 Billion Sagamu Power Plant Project

April 19, 2022

  Honeywell Group and United States Trade Development Agency (USTDA) have signed a Grant Agreement for a feasibility study. This will be in order to facilitate the completion of its proposed N31 billion Sagamu Independent Power Plant Project. The grant, which was signed by USTDA Director, Leocadia Zak and Honeywell Group’s Head of Corporate Development … Continue reading Honeywell Group and USTDA Sign Grant Agreement to Aid N31 Billion Sagamu Power Plant Project

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ECONOMY Energy News

Electricity: USTDA Sponsors Nigerian Executives on Reverse Trade Mission

April 19, 2022

Senior executives from four leading power distribution companies in Nigeria – Abuja, Benin, Eko, and Ikeja – with a combined procurement budget of over $800 million, will participate in a Reverse Trade Mission (RTM) to the United States from October 15 – 25, 2013, sponsored by the United States Trade and Development Agency (USTDA). This, … Continue reading Electricity: USTDA Sponsors Nigerian Executives on Reverse Trade Mission

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