• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, August 31, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

FEC Approves $23m For Power Projects In Taraba, Yobe

by Agency Report
3 years ago
in Business
DisCos
Share on WhatsAppShare on FacebookShare on XTelegram

The federal executive council (FEC) has approved the sum of N3.4 billion for the restoration of power supply in Borno.

Advertisement

Abubakar Aliyu, minister of power disclosed this on Wednesday while speaking with journalists after the council’s meeting, presided over by President Muhammadu Buhari.

The minister said the council approved a memorandum for the provision of alternative power supply line to Maiduguri, Borno state capital.

He noted that the region had been disconnected from the national grid for 24 months due to insurgency.

“As you are aware, Maiduguri got disconnected from the national grid due to the activities of insurgents. They have been disconnected for over 24 months,” he said.

RELATED

Ojulari’s First 100 Days at NNPC Ltd: A Bold Start Anchored On Reform, Transparency, And Clean Energy

Petroleum Marketers Warn Of Oil Market Structure Disruption

15 hours ago
5 Most Lucrative Businesses In Nigeria For 2024

Naira Sees Slight Improvement In August With Reserves Rising

15 hours ago
ADVERTISEMENT

“About nine months ago or thereabout, we were able to supply Maiduguri through an old line which we resuscitated through the effort of the Borno state government’s rural electrification agency and the Transmission Company of Nigeria.

“They resuscitated a single line of 33 KV from Damaturu, Yobe state and through that, we took a very small quantity of electricity which could only give electricity on the 11 KV line.

“So, we are now trying to supply through another new line, a double circuit 33 KV which can take up to around 40 Megawatts from the Damaturu 330 substation. This is at a cost of N3,164,293,880 plus N250,000 million for security and other logistics, a total of N3.4 billion and is awarded to SodoGuru Nigeria Limited with a completion period of three months.”

ADVERTISEMENT

Aliyu further disclosed that $23.9 million was approved for the construction of power substations in Gaidam, Yobe state, and Zing in Taraba.

He also said the ministry got the approval for the construction of five multimillion dollars one-line power substations in Birnin Kudu, Babura, and Kazaure in Jigawa state; Nguru, Yobe; Oro, in Kwara, and a 22-kilometre transmission line passing through Birnin Kudu-Missau-Ningi-Azare in Jigawa and Bauchi.

Speaking also to journalists, Mu’azu Sambo, minister of transportation, said the ministry got approval for the four memos it presented.

The memos included N1.78 billion for the upgrade of a data centre for the Nigerian Ports Authority (NPA).

“The first to be approved is in respect of the award of contract for the upgrade of the data centre of the Nigerian Ports Authority, its servers, storage, and business continuity at the cost of N1,787, 203, 792.65 inclusive of 7.5 per cent value-added tax with a completion period of six months, ” the minister said.

“The second memo that was approved was for a concession of the eastern zone offshore waste reception facility, in line with international conventions and environmental laws signed by Nigeria, which require that offshore wastes generated by ships be disposed of in an organised manner in order to protect biodiversity and human beings.”

Sambo said when completed, the project would generate $25 million within 20 years.

The minister said he obtained a similar approval for the Western and Central zones of the maritime domain of Nigeria, for 10 years.

According to Sambo, the Nigerian Maritime Administration and Safety Agency (NIMASA) got approval for the deployment of the modular floating dock acquired by the agency, to be managed under a public-private partnership.

“It is going to be managed by a private company that will put in an initial capital investment of $19.5 million for a concession period of 15 years,” he added.

The minister said when fully established and running, the facility will save Nigeria millions of foreign exchange, adding that the present situation warrants all cabotage vessels operating in Nigeria to go to Benin Republic and Ghana in order to access their docking services.

 


Join Our WhatsApp Channel



SendShare10180Tweet6363Share
ADVERTISEMENT
Previous Post

Experts Hail Federal Govt’s Suspension Of Proposed Increase In Excise Duties

Next Post

Zaria Incident: Kaduna Electric Takes Preventative Measures

Agency Report

Agency Report

You May Like

Ojulari’s First 100 Days at NNPC Ltd: A Bold Start Anchored On Reform, Transparency, And Clean Energy
Business

Petroleum Marketers Warn Of Oil Market Structure Disruption

2025/08/31
5 Most Lucrative Businesses In Nigeria For 2024
Business

Naira Sees Slight Improvement In August With Reserves Rising

2025/08/31
‘What Nigeria Should Do To Advance Gas Sector Growth’
Business

Group Offers Path To In-country Oil & Gas Training

2025/08/31
WiM-Africa Lists Gains, Sets Goals
Business

Women In Mining Firm Up Plan To Resolve Sectoral Challenges

2025/08/31
MTN Allots Incentive Shares, As Trading Opens With N4bn Loss
Business

MTN Nigeria Launches Initiative To Promote Online Safety For Children

2025/08/31
Firm Seeks Stronger Laws, Govt Collaboration To Improve Safety Practices
Business

Firm Seeks Stronger Laws, Govt Collaboration To Improve Safety Practices

2025/08/31
Leadership Conference advertisement

LATEST

Tinubu Has Plunged 30m More Nigerians Into Poverty, He Will Lose 2027 Poll — El-Rufai

Federal Gov’t Now Kisses Bandits, Gives Them Billions — El-Rufai

‘Myself, Peter Obi Were Given Forebearance In ADC Coalition,’ El-Rufai Clarifies Party Membership

Thugs Who Attacked ADC Meeting In Kaduna Were Gov’t-Sponsored, Covered By Police – El-Rufai

Dangote Group Mourns Death Of Phyna’s Sister Ruth Otabor

Reject Rivers LG Polls Conducted By ‘Occupation Govt’, Atiku Tells Opposition

Szoboszlai Scores Stunner As Liverpool Beat Arsenal 1-0

Tinubu Fair To All Sections Of Nigeria — Minister

Police Arrest Man For Alleged Killing Of 5-yr-old Boy In Adamawa

Martinez Missing In Villa Squad Amid Man Utd Interest

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.