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FG signs $118bn contract to enhance power supply elaborate

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The Federal Government of Nigeria, through the FGN Power Company, has signed a contract worth $118 billion with Elsewedy and Power China to enhance power supply across the country.

Here are the key details of the contract:

Project Scope: The contract involves the construction and rehabilitation of 2,670 kilometers of 33kV, 11kV, and 400V distribution lines across Nigeria

Project Partners: The project is a partnership between FGN Power Company, Elsewedy, and Power China

Project Goals:  The project aims to complement ongoing mid-stream transmission projects and secure stable power delivery to residential, commercial, and industrial areas

Project Timeline:  The project timeline is not specified, but the contract has been signed, and work is expected to commence soon.

Project Benefits: The project is expected to significantly increase electricity reliability and accessibility for millions of Nigerians.

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