Nigeria plans to grant a concession on its $1.3 billion hydropower plant now under construction and is seeking bids from private investors to operate the China-funded plant, authorities said on Friday. The Zungeru Hydroelectric Power Plant (ZHPP), the greatest of its sort in Nigeria, is supposed to create 700 megawattsContinue Reading
Fitch, the world’s biggest global rating agency has alleged that Africa’s wealthiest man, Aliko Dangote is not capable of completing its highly anticipated Refinery situated in Lagos. According to the report, Dangote has invested all his cash and even borrowed to finance the refinery project. The report claims that theContinue Reading
By Adaobi Nsofor Awka, Feb. 26, 2021 (MOI) Anambra State Government has called on stakeholders in the state on the need for alternative power supply in the industries within the state. This is aimed at improving maximum business output. The call was made during the opening ceremony of the state-organizedContinue Reading
