Nigeria: FG Panel Okays N283 Billion Contracts For Power Projects

Published On: August 1, 2009, 9:48 am (11 years ago)
Author: Teeco Designer
[1] 2
teeco (m)
Presidential Steering Council on National Integrated Power projects (NIPP) chaired by Vice President Goodluck Jonathan met at the State House on Monday.

A total of N283 billion was approved by the committee for improved power supply in the country.

The committee noted that much of its success would be determined by the success of the amnesty deal offered the Niger Delta militants by the Federal Government.

The meeting coincided with the release of leader of the Movement for the Emancipation of Niger Delta (MEND), Henry Okah, from detention in Jos, as part of the amnesty deal.

Addressing newsmen after the meeting, Minister of State for Power, Nuhu Wya, as well as Ekiti State Governor, Segun Oni, and his Abia State counterpart, Theodore Orji, who are members of the council, announced the approval of N267.61 billion for work on Geregu and Omotosho plants.

They also announced N20.41 billion (N15.4 billion plus $13.5 million) for the rehabilitation of eight critical Power Holding Company of Nigeria (PHCN) transmission lines across the country, particularly, the Jalingo transmission lines.

According to Wya, the peace in the Niger Delta was a sure hope of guaranteeing regular power supply to Nigeria as the country would be sure of regular and quality gas supply to power electricity turbines across the country.
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He further explained that inadequate gas has resulted to overuse of hydro power generating stations but that the pressure on them reduced their capacity with consequent shutting down of some of the generating plants.

"We are hoping as the amnesty is unfolding, peace in Niger Delta and the damaged pipes now will be put back in functional application very shortly so that we can have enough gas to generate the required capacity" Wya said.

He disclosed that the power contracts approved were within the second phase programme of the NIPP which will cover Omotosho and Geregu power plants and the transmission lines that will transmit the generated electricity.

By Teeco Designer



Posted: (11 years ago) on 1-08-2009 09:48 AM | Addicted Hero
teeco teeco (m)
I hope they will not shear the money again bcos this is the 3rd time

Posted: (11 years ago) on 3-08-2009 11:24 AM | Addicted Hero
Reply
waco waco (m)
The sharing formular was drawn before the approval of the cash.

Just forget PEOPLE DECEIVING PEOPLE [PDP].

I am yet to see one of them that not corrupt.

Posted: (11 years ago) on 3-08-2009 11:39 AM | Hero
Reply
teeco teeco (m)
PEOPLE DECEIVING PEOPLE [PDP].

good meaning for PDP Grin

Posted: (11 years ago) on 3-08-2009 11:43 AM | Addicted Hero
Reply
omo we don hammer, Yar'adua go buy hummer ohh
Posted: (11 years ago) on 4-08-2009 05:08 AM | Gistmaniac
Reply
teeco teeco (m)
As in how??

Posted: (11 years ago) on 4-08-2009 08:29 AM | Addicted Hero
Reply
...
Posted: (11 years ago) on 5-08-2009 06:32 AM | Upcoming
Reply
After the approval what next???.....Na today?Huh?........e don tey jare......

Posted: (11 years ago) on 5-08-2009 10:41 AM | Hero
Reply
teeco teeco (m)
Bros E don tey wey them they aprove money for them na.....

Obasonjo approve this amount of money 2times

Posted: (11 years ago) on 5-08-2009 11:21 AM | Addicted Hero
Reply
Papa Deceive Pikin = PDP

Posted: (11 years ago) on 5-08-2009 11:50 AM | Hero
Reply
teeco teeco (m)
haha

Posted: (11 years ago) on 5-08-2009 02:07 PM | Addicted Hero
Reply
you dey laugh???........abi no be so???

Posted: (11 years ago) on 5-08-2009 03:10 PM | Hero
Reply
rbest rbest (f)
nobi today we begin hear am, abeg make i pass jaree
Posted: (11 years ago) on 5-08-2009 06:46 PM | Gistmaniac
Reply
teeco teeco (m)
Quote from: divineproject on  5-08-2009 03:10 PM
you dey laugh???........abi no be so???

No be lie Grin

Posted: (11 years ago) on 5-08-2009 07:37 PM | Addicted Hero
Reply
papa dey pay, una job done pay again, after 8 years una go setup probe panel on how una take share the money amongst una self, bastard leaders wey curse don follow them and their unborn generation!!!
Posted: (11 years ago) on 8-08-2009 10:07 PM | Newbie
Reply
Quote from: frank_dabo on  8-08-2009 10:07 PM
papa dey pay, una job done pay again, after 8 years una go setup probe panel on how una take share the money amongst una self, bastard leaders wey curse don follow them and their unborn generation!!!

na u sabi....

wat ve u done to better naija as a place.......?

Posted: (11 years ago) on 9-08-2009 07:48 PM | Gistmaniac
Reply
him dey keep lagos clean
Posted: (11 years ago) on 10-08-2009 04:17 AM | Gistmaniac
Reply
teeco teeco (m)
hnnmn passing

Posted: (11 years ago) on 10-08-2009 11:03 AM | Addicted Hero
Reply
oya, i dey your back
Posted: (11 years ago) on 10-08-2009 08:54 PM | Gistmaniac
Reply
teeco teeco (m)
waiting for you

Posted: (11 years ago) on 11-08-2009 10:40 AM | Addicted Hero
Reply
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