Nigeria announces $5.8 billion deal for power project

The government of Nigeria announced the award of a $5.8 billion contract to build what will be the largest power plant in the country.

"(Mambila) will have a transformational effect on all of Nigeria's socio-economic development," he said through a government spokesman, adding that it would will have considerable positive impact on electricity supply nationwide, productivity, employment, tourism, technology transfer, rural development, irrigation, agriculture and food production.

He said, "The major breakthrough in the execution of this project was achieved when President Muhammadu Buhari initiated discussions at the level of the President of the Peoples Republic of China in the course of his State Visit (in 2016)," wrote government official Garba Shehu.

UCJ, UNILORIN.