Nigeria secures $1m grant for gas-fired power plant in Abuja

The agreement was signed on Tuesday morning at the ongoing Nigeria International Petroleum Summit (NIPS) in Abuja.

The Nigerian National Petroleum Corporation and the United States Trade and Development Agency have signed a $1.16 million grant for the NNPC Abuja Independent Power Project.

The Group Managing Director of the NNPC, Mele Kyari, said the plan by the corporation to build the 1,350mw power plant in Abuja was part of the national strategy to monetise the abundant natural gas resources in the country. Last November, the minister of Environment, Muhammad Mahmud, commended the NNPC on the proposed plant project aimed at boosting electricity supply in parts of the nation.

“Certainly, this project is one of the critical infrastructures that the federal government is making efforts to embrace,” he said.

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