Russia has signed with Nigeria a contract to build and operate nuclear power plants in order to palliate the Western African’s power deficit issue, Bloomberg reports.

The agreement includes conduction of a feasibility study for the construction sites, evaluation of capacity and financing, as well drawing a schedule to develop the project.

The signing of this new agreement concretizes the inter-government agreement concluded in 2009 by the two nations to ensure a pacific utilization of nuclear energy. In 2015, the Nigeria Atomic Energy Commission had mentioned the development of four plants for about $20 billion.

Africa’s most populated nation and its leading economy, Nigeria, currently has a production capacity of 4500MW for a demand of 12,000MW. Its actual output is however impaired by issues related to transmission and supply of gas which is needed by power plants.

SOURCE: https://brandspurng.com/nigeria-signs-with-russia-contract-for-nuclear-power-plants/

Good news.

Hopefully PowerOutages in Nigeria will be a thing of the past with this "new nuclear power deal"...

Let's wait and see