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LequteMan
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According to Ventures Africa, Nigeria has signed an agreement with a Chinese company on transmission of electricity in the country:
Against the backdrop of sketchy power facilities and fast approaching elections, The Federal Government of Nigeria has signed a Memorandum of Understanding (MoU) with TBEA Co Ltd of China to fast track the development of transmission lines and substations in Nigeria.
This was done with the understanding that power transmission infrastructure is critical to the continued growth of the sector.
Represented by the Minister of State for Power, Mohammed Wakil, the government signed the agreement recently in Abuja. He emphasized the pressing need to improve the nation’s transmission sub-stations as all efforts geared towards the generation and distribution of power will amount to nothing without an intermediary channel that wheels the power.
On that note, he urged the firm to go beyond developing and building transmission lines and sub-stations to fulfilling its earlier promise of setting up a transformer manufacturing company in Africa, precisely Nigeria.
click here to read more
#Nigeria #China
Against the backdrop of sketchy power facilities and fast approaching elections, The Federal Government of Nigeria has signed a Memorandum of Understanding (MoU) with TBEA Co Ltd of China to fast track the development of transmission lines and substations in Nigeria.
This was done with the understanding that power transmission infrastructure is critical to the continued growth of the sector.
Represented by the Minister of State for Power, Mohammed Wakil, the government signed the agreement recently in Abuja. He emphasized the pressing need to improve the nation’s transmission sub-stations as all efforts geared towards the generation and distribution of power will amount to nothing without an intermediary channel that wheels the power.
On that note, he urged the firm to go beyond developing and building transmission lines and sub-stations to fulfilling its earlier promise of setting up a transformer manufacturing company in Africa, precisely Nigeria.
click here to read more
#Nigeria #China
