August 19, 2017

FG to improve power transmission with $3.7BN by  Olalekan Adetayo and Okechukwu Nnodim

FG to improve power transmission with $3.7BN by  Olalekan Adetayo and Okechukwu Nnodim
source: http://www.ynaija.com/wp-content/uploads/2014/02/namadi-sambo1.jpg
source: http://www.ynaija.com/wp-content/uploads/2014/02/namadi-sambo1.jpg

The Federal Government plans to spend $3.7bn to upgrade the nation’s power transmission infrastructure.

Vice President Namadi Sambo disclosed this on Thursday while granting audience to the management of Genesis Electricity Consortium led by a Nigerian businessman, Mr. Arthur Eze, at the Presidential Villa, Abuja.

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Most of the members of the consortium are attending the ongoing World Economic Forum on Africa holding in Abuja.

A statement by the Senior Special Assistant to the Vice President on Media and Publicity, Mr. Umar Sani, quoted Sambo as saying that with the injection of the money, the government would be able to wheel up to 20,000 megawatts of power.

FOR MORE: http://www.punchng.com/news/fg-to-upgrade-power-transmission-with-3-7bn/

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