Tag: Power Project
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Aba IPP comes on stream, 20 yrs after conception
The Aba Integrated Power Project (IIP), owned by the Geometric Power Group (GPG), finally came on stream on Monday, 20 years after it was conceived by its Chairman/Chief Executive Officer, Prof. Barth Nnaji. The power plant, located at Osisioma, near Aba, was inaugurated by President Bola
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Trouble for Obasanjo as EFCC begins probe of $16billion spent on power projects
Former President Olusegun Obasanjo may land in trouble as the Economic and Financial Crimes Commission (EFCC) has launched a probe into the controversy surrounding the $16 billion allegedly spent on power projects during his [Obasanjo’s] administration. Recall that Obasanjo had, earlier in the week, declared that he was ready for investigation, after President Muhammadu Buhari…
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$16bn power project: Keep exposing yourselves – Fayose mocks Buhari, Obasanjo
Ayodele Fayose, the Ekiti State Governor, has reacted to the latest face-off between President Muhammadu Buhari and former President Olusegun Obasanjo. Recall that Buhari, while hosting members of the Buhari Support Organization led by the Comptroller-General of the Nigeria Customs Service, Hameed Ali, at the Presidential Villa, Abuja on Tuesday, wondered what Obasanjo achieved after…
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BREAKING: Buhari blasts, hints on probing Obasanjo over $16bn power project
Indications emerged on Tuesday that President Muhammadu Buhari may set up a panel of enquiry to probe the spending of $16bn on power project during the administration of former President Olusegun Obasanjo. The president was speaking at the Presidential Villa in Abuja while receiving the Buhari Support Organization led by the Comptroller-General of the Nigerian…
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NERC lethargy towards Lagos power project, by Ehichioya Ezomon
By Ehichioya Ezomon In this era of preachment of “ease of doing business” in Nigeria, Lagos State’s determination to power the Centre of Excellence appears hamstrung by failure of the National Electricity Regulatory Commission (NERC) to give the necessary go-ahead. The Governor Akinwumi Ambode-led administration plans to establish embedded power designed as the state’s flagship…
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Sokoto power project requires additional N1.6b to function – Official
The Sokoto Independent Power Project requires additional N1.6 billion to be completed and put to full use, chairman of the state technical committee on the project, and former Minister of Power, Engineer Bello Sulaiman, has said. Speaking when he presented the report of his committee to Governor Aminu Waziri Tambuwal in Sokoto, Sulaiman said so…
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FG, China Exim Bank to spend $1.3bn on 700MW Zungeru Hydroelectric Power Project
The Federal Government, in partnership with the China Exim Bank, will spend about 1.3 billion dollars on the construction of a 700 megawatt-capacity Zungeru Hydroelectric Power Plant Project. Mr Tian Haihua, the Vice President, Power China Internationale Group Ltd., made this known on Thursday in Zungeru. He said that the project, when completed, would generate…