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US Firm To Build N600b Solar Plant In Unilorin - Education - Nairaland

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US Firm To Build N600b Solar Plant In Unilorin by Johnnyessence(m): 3:19am On May 13, 2016
An American company, Arrow Capital Nigeria Limited, has concluded arrangements to build a solar energy plant at the University of Ilorin at a cost of $2.3 billion (about N600 billion).

When completed, the solar plant is expected to generate a total of 500MW of electricity and significantly improve the level of power supply in the country.

Signing the project's Memorandum of Agreement (MoA) with the Vice-Chancellor of the University of Ilorin, Prof. AbdulGaniyu Ambali (OON), last Friday (May 6, 2016), the Managing Director/Chief Executive Officer of Arrow Capital, Mr. Brian A. Travis, disclosed that the project would commence immediately and would be completed within five months.

Mr. Travis commended the Vice-Chancellor for his commitment to the project, noting that the project was coming up only five months after President Muhammadu Buhari (GCFR) made a commitment to solving power problem in Nigeria through solar power.

The Arrow Capital boss added that the University was chosen for the project because of the centrality of its location, which he said is ideal to transmit power generated to Kano and Lagos.

According to the Arrow Capital CEO, the project, when completed, would provide 10% of Nigeria's total power need and create jobs with several multiplier effects.

He also said that the culture of excellence in the University of Ilorin coupled with its stable academic calendar in the last 16 years, make the University an ideal location for the project, as this is a sure guarantee of security for the project. He added that the project would put the University on the global map.

On the source of funding for the project, Mr. Travis, who was accompanied to the MoA signing ceremony by the company's Director of Business Development, Mr. Brian C. Amonu, explained that it is an entirely private funded project. He pointed out that it is a good example of a private-public partnership.

In his remarks, the Vice-Chancellor of the University of Ilorin, Prof. Ambali, described the project as an opportunity to contribute to the effort of the Federal Government in terms of power generation and distribution.

Prof. Ambali, who stated that the project would guarantee 24-hour power supply to the University, disclosed that the University consumes only about 4MW of electricity and therefore the remaining would be sold to the nation.

The Vice-Chancellor disclosed that a solar panel assembly plant would be built in the University as part of the project, saying that it would enhance the knowledge of engineering students and the entrepreneurial skills of the students.

“This project will contribute significantly to Kwara State and Nigeria at large and will be ready for commissioning by October”, Prof. Ambali revealed.

The Vice-Chancellor was joined at the MoA signing by the Deputy Vice-Chancellor (Management Services), Prof. Adedayo Abdulkareem; the Deputy Vice-Chancellor (Academic), Prof. N. Y. S. Ijaiya; the Deputy Vice-Chancellor (RTI), Prof. Gabriel Olatunji; the Registrar, Mr. Emmanuel Dada Obafemi; the University Librarian, Dr. Joseph Omoniyi; and the Deputy Bursar, Mr. Munirudeen O. Dere

Also in attendance were some members of the University Governing Council: Prof. A. S. Abdulsalam, Prof. A. A. Adeoye, and Prof. A. Sanni as well as Chairmen of all workers' unions in the University.
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Re: US Firm To Build N600b Solar Plant In Unilorin by Johnnyessence(m): 3:20am On May 13, 2016
this is a good development.

1 Like

Re: US Firm To Build N600b Solar Plant In Unilorin by chriskosherbal(m): 3:21am On May 13, 2016
Wow that is a welcome development.

1 Like

Re: US Firm To Build N600b Solar Plant In Unilorin by slyzy(m): 3:45am On May 13, 2016
I pray it shouldn't end at publicity after all
Re: US Firm To Build N600b Solar Plant In Unilorin by tit(f): 3:46am On May 13, 2016
ha ha ha
who go pay for am?
america wey hungry wan finish!
you think them get money to dash anybody?
Re: US Firm To Build N600b Solar Plant In Unilorin by Standing5(m): 4:26am On May 13, 2016
Unilorin of all sch.
I watch in 3d.
Re: US Firm To Build N600b Solar Plant In Unilorin by tit(f): 12:34am On May 14, 2016
everybody is fed up with apc lies!
Re: US Firm To Build N600b Solar Plant In Unilorin by Johnnyessence(m): 2:20pm On May 16, 2016
Standing5:
Unilorin of all sch.
I watch in 3d.
when d project av started.
Re: US Firm To Build N600b Solar Plant In Unilorin by Standing5(m): 2:26pm On May 16, 2016
You mean it? Please point people to more news about it.
Re: US Firm To Build N600b Solar Plant In Unilorin by salah4luv(m): 2:41pm On Jun 29, 2017
Pls can somebody tell us what happen to the unilorin solar plant as proclaimed to be completed last year.

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