President Muhammadu Buhari has directed speedy action to facilitate the establishment of a world-class transformer production plant in Nigeria in collaboration with China Great Wall Industry Corporation (CGWIC) of China to accelerate stable power supply in the country.
The Executive Vice Chairman and Chief Executive Officer of the National Agency for Science and Engineering Infrastructure , Prof. Mohammad Haruna, disclosed this to newsmen, yesterday, after he briefed the President on the agency’s third quarter reports from July to September 2022 with focus on her activities and finances.
On revenue generation, the executive vice chairman said Nigeria had received requests from Uganda, Cameroun and Cote D’Ivoire for the supply of school laboratory equipment, adding that payments go directly to the consolidated revenue account. “Just yesterday, we received orders from Uganda; they want supply of this laboratory equipment from us. That is a revenue source for the government.
“And I want to tell you that even as I say we are only receiving one per cent of Federal Government’s share of the Federation Account, the National Economic Council has agreed that we will take the full one per cent and we believe that from the end of January, we should start that.
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