Nigeria set to build $5.8bn power plant

Spencer Ogden our consultant managing the role
Date posted15/Feb/2018
Spencer Ogden our consultant managing the role
The Federal Government of Nigeria has announced it will start building a $5.8 billion hydropower plant in the eastern Mambila region this year, reports Bloomberg. 

According to reports, China Civil Engineering Corp. plans to build a 3,050-megawatt power plant within five years. The project will feature four dams between 50 and 150 meters tall.

the Minister of Power, Works and Housing, Babatunde Fashola comments: "It will have a considerable positive impact on electricity supply nationwide, productivity, employment, tourism, technology transfer, rural development, irrigation, agriculture and food production."

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