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FG signs $118bn contract to enhance power supply

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The Nigerian government has signed a $118 billion contract to enhance power supply across the country.

Here are some key details about the contract:

Contract Purpose: The contract aims to fund the construction and rehabilitation of about 2,670 kilometers of distribution lines, including 33KV and 40V circuits throughout the country.

Project Partners:  The project will partner with leading industry partners such as Elsewedy Electric and Power China.

Project Scope: The project involves building 687 km of new distribution lines and rehabilitating 1,983 km of existing infrastructure ¹.

Significance: The project represents a step towards Nigeria’s commitment to providing reliable and sustainable electricity to all Nigerians.

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