Nigeria allocates US$4bn for rehabilitation of power transmission

Construction_of_Bratsk_hydroelectric_power
Power line in Nigeria

The government of Nigeria has allocated US$4bn for the construction and rehabilitation of power transmission infrastructure in the country for adequate power supply.

The fund will also be used in some major power projects such as the Mambila Hydro Power project, executed under a public private partnership (PPP) arrangement.

Both the transmission and project consultancy would cost US$6.4bn with a counterpart fund of US$1.6bn already having been provided by the government.

Nigerian Electricity Regulatory Commission (NERC) said it would continue to push electricity distribution companies in Nigeria to improve on services to eligible customers within their distribution networks until such a time that it was satisfied with the condition of their service delivery in the industry.

Various projects are underway that will ensure stable power supply in the country. They include the Zungeru 700mw hydro power project, the Gurara Phase II Hydro power project due to be completed at the end of the year and the Itisi Hydropower project among others.

The government plans to generate 20,000mw by 2018.

NO COMMENTS

LEAVE A REPLY