Business Nigeria in Talks With Russia’s Rosatom to Build Nuclear Power Plants

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Nigeria - The Nigerian government is in talks with a Russian firm, Rosatom, to build nuclear power plants as a means to ending power problems plaguing the country, Reuters reports.

"We have an intergovernmental agreement with Nigeria, but no concrete decisions have been made," a Rosatom spokesman said.

Nigeria has no experience in developing and operating nuclear power plants but has a gamma facility and small reactors producing around 30 kilowatts for research, Franklin Erepamo Osaisai, chief executive of the Nigeria Atomic Energy Commission said on its website, adding that nuclear power will guarantee long-term energy supply.

One nuclear power plant costs between $5 billion to $8 billion, a source at the company said.

80 percent of Nigeria's power plants are gas-fired.

Rosatom has a contract to build a new plant in Hungary and has agreed to build reactors inIndiaand Kazakhstan. It is also planning to build more reactors inIranin addition to the Russia-built Bushehr plant, Iran's first nuclear facility, launched there in 2011.

#Nigeria #Reuters
 

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