The federal government and the United States (US) have signed a Memorandum of Understanding (MoU) for the construction of a $2.5bn Power Plant in Anambra State.
The MoU which is part of the US president’s Power Africa Initiative was signed yesterday in Abuja by the Minister of Power, Prof Chinedu Nebo and the US ambassador to Nigeria, Mr James Entwistle, on behalf of both countries.
During the signing ceremony, Mr Entwistle explained that the Power Africa initiative is about transforming the lives of Africans through increased job opportunities to be created from better electricity supply.
Following the agreement, at least 1, 5000 megawatts (mws) of electricity is expected to be added to the national grid. In addition, a 70mws solar manufacturing plant to be built in Nigeria.
For breaking news out of Abuja, follow us on Twitter: @MetropoleMag
No comments:
Post a Comment