Federal Government, through the Nigerian National Petroleum Corporation-NNPC, and the US Trade and Development Agency-USTDA have signed a 1.16 million grant from the agency for the feasibility study of a power plant to be built in Abuja.
Reports say the Abuja Independent Power Project is modeled to generate 1,350 megawatts of electricity to alleviate the power challenge in the country.
The grant agreement was signed by the Managing Director, Gas & Power Investment Company, an NNPC subsidiary, Hussain El-Yakub, and the USTDA’s Director, Thomas Hardy.
Meanwhile, the NNPC has assured that it would work with two US firms, GE and Continuum Associates, to deliver the project.
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