Wednesday 1 November 2017

Russia company to build nuclear power plants in Nigeria


Russia has signed a deal to build two nuclear power plants in Nigeria, as Africa's largest economy seeks to end its energy crisis.

Russian state-owned company Rosatom will build one in the south, the other in the centre, sources at the Nigeria Atomic Energy Commission told the BBC.

The deal's exact worth is unknown, although some reports suggest it is likely in the region of $20bn (£15bn). It is one of a number that Rosatom has been eyeing on the continent. The company is also involved in discussions in Ghana and South Africa.

Nigeria hopes the plants, which will initially be operated by Rosatom before they are handed over, will help deal with the country's energy deficit.

According to World Bank figures, more than 40% of the country was without mains electricity in 2014.

UCJ, UNILORIN.

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