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Nairaland Forum / Nairaland / General / Politics / FG Begins N4bn Kano Solar Project (dailytrust) (345 Views)
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FG Begins N4bn Kano Solar Project (dailytrust) by ManirBK: 8:38am On Jan 29, 2021 |
Kano State Government Thursday began payment of
compensation to landowners to kick-start the federal
government’s N4 billion solar project for the
industrial hub in the Kumbotso area of the state.
The project, a 10 megawatts (MW) solar power, was
conceived by the federal government as a result of
the importance of generation and supply of electricity
in the country to the economic development of the
states.
While handing over the over N42 million
compensation to the over 100 beneficiaries at the
palace of the District Head of Kumbotso, the contact
person of the project in Kano, Dr. Jibrilla Mohammed
said the contribution of the state government was to
provide the necessary facility including the over 43
hectares of land for the establishment of the project.
Mohammed, who is also the MD/CEO of Kano State
Investment and Properties Ltd (KSIP), said the
federal government gave the responsibility of
managing the project to the Nigerian Sovereign
Investment Authority (NSIA) and “the project has
already been paid for completely, over N4 billion.
However, the arrangement is that while the federal
government has taken 100 per cent of the cost of the
project, the state and the local government are
supposed to contribute.
“A Special Purpose Vehicle (SPV) was formed called
Askay Solar Power Ltd and 80 per cent of the shares
go to the federal government while the states and
local governments get 15 per cent and five per cent.”
https://dailytrust.com/fg-begins-n4bn-kano-solar-project
mynd44 jam4j lalasticlala 2 Likes |
Re: FG Begins N4bn Kano Solar Project (dailytrust) by ManirBK: 8:38am On Jan 29, 2021 |
we are moving in the right direction God bless federal republic of Nigeria God bless Buhari more to come https://www.thisdaylive.com/index.php/2020/11/29/fg-commences-n140bn-solar-installation-in-5m-homes-nationwide/ |
Re: FG Begins N4bn Kano Solar Project (dailytrust) by helinues: 8:45am On Jan 29, 2021 |
Nice one |
Re: FG Begins N4bn Kano Solar Project (dailytrust) by ChelseaArmy(m): 8:46am On Jan 29, 2021 |
good initiative and this will bring miserable feelings to the enemies of the nation.Baba is working over to you flat headers! |
Re: FG Begins N4bn Kano Solar Project (dailytrust) by nams77: 8:49am On Jan 29, 2021 |
Nice Development is needed in other parts of this country too. For IELTS and TOEFL registration and lectures in warri and environs. Talk to us. Ace educational consults |
Re: FG Begins N4bn Kano Solar Project (dailytrust) by Nobody: 9:00am On Jan 29, 2021 |
Congratulations to the FG's First son... |
Re: FG Begins N4bn Kano Solar Project (dailytrust) by Tulsaguy: 9:01am On Jan 29, 2021 |
ok |
Re: FG Begins N4bn Kano Solar Project (dailytrust) by Solsix(m): 9:52am On Jan 29, 2021 |
42million?? Land is too cheap in the North |
Re: FG Begins N4bn Kano Solar Project (dailytrust) by Nobody: 10:02am On Jan 29, 2021 |
Another FG assisted project to Kano-Kaduna again with Niger Delta money This has been going on since 1960, whether it's a refinery, water project, solar, tech, they must see excuse to give Kano Kaduna |
Re: FG Begins N4bn Kano Solar Project (dailytrust) by CodeTemplar: 10:16am On Jan 29, 2021 |
I have always said it. this is what the north needs and not some useless pipeline project taking oil to them for some stupid refinery idea. Build the solar or wind arrays of about 10-25 MW and build industrial estates around it. if done well the profit from one will be used to start another and that's how they will get ahead of the south. With clean energy and not some useless crude theft conspiracy they are brandishing as one Nigeria with some phantom nonnegotiable unity. |
Re: FG Begins N4bn Kano Solar Project (dailytrust) by Dedetwo(m): 10:29am On Jan 29, 2021 |
nams77: You could not more correct. When Oligarchy governments of Nigeria tend to spread development to northern region only, that breads contempt. How can governments and successive government of Nigeria for northern region keep spending commonwealth on northern region yet some airheads will preach restructure to me which terminates at the level of government. The only option left for Nigeria is total and unconditional disintegration. |
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