|Register On Nairaland / LOGIN! / Trending / Recent / New|
Stats: 2,935,453 members, 7,102,313 topics. Date: Tuesday, 04 October 2022 at 05:52 PM
FG Moves To End DSTV's Monopoly, Says Multichoice Is Cheating Nigerians / 40yrs After, FG’s N2 Trillion Mambilla Power Project Yet To Begin / Nigeria Military Vacates Daily Trust Premises After FG Directives (2) (3) (4)
|45 Years After, Fg Moves To Complete Mambilla Electricity Project by alphonsojaybaz: 6:36am On Aug 31, 2017|
45 YEARS AFTER, FG MOVES TO COMPLETE MAMBILLA ELECTRICITY PROJECT
source : http://www.eyesoflagos.com/2017/08/45-years-after-fg-moves-to-complete.html
45 years after Nigeria began talks about its take off, precisely in 1972, the federal government yesterday approved 5.792 billion dollars (N1.140trillion) for the construction of the 3,050 megawatts Mambilla Hydro-Power project at Gembu, Taraba State.
The approval was made at the Federal Executive Council (FEC) presided over by President Muhammadu Buhari.
The Minister of Power, Works and Housing, Babatunde Fashola, gave the hint while briefing State House correspondents alongside the minister of Labour and Employment and their Sports counterpart.
Eyes Of Lagos gathered that, He said, “The memorandum from the Ministry of Power, Works and Housing was to the award of the Mambilla Hydro-Power plant. I believe that many of you have heard of this project.
“Several efforts had been made to bring it to reality but I’m happy to announce that this government approved the contract today to joint ventures of Chinese Civil and Engineering company for the engineering and turn-key contract, including civil and electro-mechanical works for 5.792 billion dollars. The construction should take about 72 months (6 years)”.
Noting that the scope of work of the project will include the construction of four dams and 700 kilometres of transmission lines, the minister said the project, when completed, will boost the nation’s economy.
He added that it will also unleash the potential that had been reported about Mambilla in the fields of agriculture, tourism and energy.
“It will also help Nigeria strike a very big blow on the climate change issue and fulfill its commitment under the Paris Agreement, because this is going to be renewable energy, coming also at a relatively competitive cost”, he stated.
Fashola said, while the project will be jointly financed by the federal government and the China Export Import (EXIM) Bank, EXIM bank will provide 85 per cent of the cost and the federal government will provide 15 per cent.
On his part, Minister of Labour and Employment, Dr Chris Ngige, disclosed that FEC approved Boiler and Pressure Vessel Regulation to ensure industrial safety in the country.
According to him, the approval was in line with international best practices to safeguard lives and property in the industrial sector of the nation’s economy.
Also speaking, Sports Minister, Mr Solomon Dalung, said he presented to FEC the AfroBasket women champions, who after 12 years, won the championship in Mali on Sunday.
He said, “When they were presented to the ministry yesterday, we sought the approval of Mr President which he graciously approved to receive them today and indeed they were received in council and having emerged as champions, they are qualified for the competition in Spain in 2019.
“Although we have athletes who had competed in other sports and had won laurels for the country, we felt it was economical to present the basketball team which was handy on ground in view of the fact that if you look at the component of players, they were mixed with national players and foreign based.
“So, we got the opportunity handy and had received them and for those we have not been able to do, we will still do it at the appropriate time, knowing too well that this government is always committed to receiving and honouring our athletes whenever they make the country proud”.
|Re: 45 Years After, Fg Moves To Complete Mambilla Electricity Project by RAFIC(m): 6:46am On Aug 31, 2017|
Okay o. I hope they actually get it done. Awarding the contract is one thing, seeing its completion another.
And please this is not me indicting this government, it has been a feature of all Nigerian govts to award projects they never execute.
|Re: 45 Years After, Fg Moves To Complete Mambilla Electricity Project by smartty68(m): 7:06am On Aug 31, 2017|
Well-O-Well, just another story from the government; project approvals without execution/completion.
The circle of uncertainty continues. Weh done
|Re: 45 Years After, Fg Moves To Complete Mambilla Electricity Project by Mynd44: 7:20am On Aug 31, 2017|
|Re: 45 Years After, Fg Moves To Complete Mambilla Electricity Project by oyonu(m): 7:26am On Aug 31, 2017|
Good thing we are warming up. Just hope they complete the projec
|Re: 45 Years After, Fg Moves To Complete Mambilla Electricity Project by Okoroawusa: 7:32am On Aug 31, 2017|
If they can do this then APC will rule for ever.
|Re: 45 Years After, Fg Moves To Complete Mambilla Electricity Project by Adminisher: 7:37am On Aug 31, 2017|
Why did Dumbo PhD not do this project?. The thing be like dey were just jazzing.the guy. $109 per barrel oil. smh
My Daughter Would Be Better Than Trump As US President – Kim Kardashian / Biafra: Buhari Not A Nigerian – Nnamdi Kanu (video) / Nigerian Government Reveals How Five Officials Diverted N3.2b Benue LG Funds
|Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health |
religion celebs tv-movies music-radio literature webmasters programming techmarket
Nairaland - Copyright © 2005 - 2022 Oluwaseun Osewa. All rights reserved. See How To Advertise. 52