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Local consortium to build gas, solar plants

13 February 2015, 20:04

Abuja - The Government and a consortium of businesses are upbeat a Memorandum of Understanding (MoU) they have signed to build gas fired and solar plants in the country would end the incessant power challenges.

The consortium, led by FirstGate Group has signed the MoU with Minister of Power, Prof. Chinedu Nebo, in Abuja.

Chief Executive, FirstGate Business Intermediaries Ltd, Kelvin Asogwa, said the project will assist in the realization of President Goodluck Jonathan’s initiatives to transform the power sector.

The consortium will build two 1 000MW gas fired and solar plants, with a project life of 4 – 5 years.

The group has acquired 27 000 hectares of land in Kogi State.

Asogwa said the consortium will train thousands of Nigerian youths in various technical trades.

He disclosed that the capacity building platforms overseas will take place in South Korea and Turkey.

“The partnering overseas companies have accepted to train Nigerians after which they would be engaged when the plant must have come on stream,” he said.

Nebo pledged the Government’s resolve to do enable more Nigerians to access power.

He anything that would bring more electricity that could be accessed by Nigerians.

He also pledged assist in the areas of licensing, permits and reports.

“The Ministry will ensure that all these processes are hastened,” Nebo said.

It is estimated only 40 million Nigerians currently have access to electricity with the remaining 120 million of the population living in darkness.

- News 24


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