By Prince Okafor with agency report

GENERAL Electric (GE) has completed work on its $100 million gas turbine assembly plant in Nigeria. The plant which is expected to come on stream next year will boost electricity supply in the nation.

Chief Executive officer of the company, Mr. Lazarus Angbazo, who confirmed the development in Lagos, yesterday, said GE wants to support the development of Nigeria’s gas reserve which is largely untapped, adding that the U.S. company has invested in some local power plants.

Angbazo said construction work on the plant which is located in Calabar, Cross River State, is expected to be completed in December.

GE has made a bid for a $2 billion railway project to connect Nigeria’s northern cities to the south of the country and could expand its plant to include locomotive assembly. “We are already in talks with major haulage companies in the country to secure their buy-in on the project,” Angbazo said.

According to Reuters, Nigeria privatised its electricity sector in 2013, aiming to end decades of blackouts which have hampered economic growth. It disclosed that most of the plants it sold were gas-fired, operating below capacity due to inadequate gas supply.

Officials said the demand for gas in Nigeria is estimated to rise to three billion standard cubic feet (scuf) per day by 2017 from 1.2 billion scuf per day in 2015, ten times the 300 million of eight years ago. However, many individuals, households and companies continue to suffer in Nigeria as a result of inadequate and unstable power supply.

The Presidency report stated that on May 17 2017, average power sent out was 3797Wh/hour (up by 110MWh/h). “The reported gas constraint was 1948MW. The reported line constraint was 200MW. The reported high frequency constraint was 0MW. The water management constraint was 260MW.

“The power sector lost an estimated N1, 156,000, 000 on May 17, 2017 due to constraints. Improved supply of gas to plants is leading to increased generation; however, line constraints at Afam VI persist. Egbin ST 6 is out on maintenance, “it added.

Source: http://www.vanguardngr.com/2017/05/general-electric-assemble-gas-turbines-nigeria/amp/

Man 4 yrs and it's finally getting done. I know some people forgot abut this news from 2013. Anyway December isn't far off. G.E making moves in Nigeria electricity and rail.

I was shocked to see they were sole bidder for rail project.

I reluctantly give this one to the administration of Dr Clueless Jonathan but more to Obama. GE made very good strategic partnerships with Nigeria and it has been mutually beneficial.
GE CEO was Chairman of the board of Economic Advisers to Obama.

Okay, we are waiting

I hope this will improve our electricity...

By the way, must Discos always seize light anytime it rains?

good luck

Nice one.

till den buh addonbillivit

nickxtra:

By the way, must Discos always seize anytime it rains?

. Its a Nigerian thing, you should've gotten used to it over the years