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Black-rhino-dangote-conclude-plans-to-invest-10bn-in-kano-south-east-ipp-project - Politics - Nairaland

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Black-rhino-dangote-conclude-plans-to-invest-10bn-in-kano-south-east-ipp-project by imashyguy: 7:50pm On Mar 13, 2016
Black Rhino, Dangote conclude plans to invest $10bn in Kano, South East IPP projects
Black Rhino, an indigenous portfolio company of Blackstone Energy Partners, and Dangote Group of Companies, are to jointly invest up to $10 billion in energy infrastructure projects in Kano State and in East South Nigeria.

The projects are with particular emphasis on renewable energy, power transmission and building of pipelines.

Muhammadu Sanusi II, emir of Kano, who is the chairman of Black Rhino Group, disclosed that his group and Dangote Industries would contribute $5 billion each for the construction of a coal power plant and a solar energy project in Kano, as well as gas pipeline project from Akwa Ibom to be constructed to South West, where Dangote Industries were concentrated.

Speaking during a courtesy visit to the state governor, Abdullahi Umar Ganduje, the Emir said the consortium decided to embark on the power projects in Kano because of the power crisis in the state.

He further disclosed that the coal project and the solar energy project would produce about 1,000mw and 100mw, respectively.

Emir Sanusi expressed optimism that the projects would, to a large extent, improve electricity power generation in the state for both the consumption of residents and for the revival of the ailing industries in the state.

In his remarks at the occasion, Aliko Dangote, chairman, Dangote Group, expressed optimism on the viability of the projects, assuring that it would improve power generation in the state and resuscitate industries to generate employment opportunities for the teeming youth and make the economy vibrant.

Dangote said the gas project from the South East to Western Nigeria would extend to Ghana, and would go a long way in addressing the energy needs of industries within the region, particularly those under the Dangote Group.

On his part, the state governor expressed hope that “the project would bail Kano State out of its prevailing economic depression and uplift the state to another level of economic prosperity and development.

“Now that the national economy is dwindling, we have no better way to revive it than to invest in agriculture and resuscitate our industries.”

He promised that the state government would provide land, among other things, to enable the project materialise.

Stressing that power is very critical to the survival of industries in the state, he announced that the state was also making modest effort to provide electricity through the ongoing multi-billion naira Independent Power projects at Tiga and Challawa, which would generate 35mw of electricity.
Re: Black-rhino-dangote-conclude-plans-to-invest-10bn-in-kano-south-east-ipp-project by Aegon(m): 9:11pm On Mar 13, 2016
What has southeast got to do with this article?

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Re: Black-rhino-dangote-conclude-plans-to-invest-10bn-in-kano-south-east-ipp-project by EasternActivist: 9:34pm On Mar 13, 2016
Aegon:
What has southeast got to do with this article?

That's where the source of the gas will come from...
It will add to the igr of the States in the southeast this gas will be coming from.
That's if the SE governors are aware and has signed their own percentage from the said resources.

It should be what did southwest got to do with the project?
Re: Black-rhino-dangote-conclude-plans-to-invest-10bn-in-kano-south-east-ipp-project by allycat: 4:08am On Mar 15, 2016
Nobody is asking what kind of business Sanusi was into that he now has 5billion to invest!

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Re: Black-rhino-dangote-conclude-plans-to-invest-10bn-in-kano-south-east-ipp-project by opalu: 4:17am On Mar 15, 2016
Good development
Re: Black-rhino-dangote-conclude-plans-to-invest-10bn-in-kano-south-east-ipp-project by OKKO(m): 5:22am On Mar 15, 2016
Please let me be educated, does Kano have coal deposit? Or s the coal for the plant going to be sourced from SE too?

Why source gas from east (akwa ibo) and pipe it through SW to Ghana to service Dangote companies located their?

Has Dangote ever invested in any part of East or just to source raw materials and cause environmental havoc in East to feed industries else where?

Bring it on Sanusi enemies of the southern Christians na una go complain vandalization at last.
Re: Black-rhino-dangote-conclude-plans-to-invest-10bn-in-kano-south-east-ipp-project by Scholes007(m): 7:30am On Mar 15, 2016
Where are the projects? All i see is pipe line from akwa ibom, south east to south west and kano. That one dey sha

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