• FG partners Japan over N2.17bn electricity supply facilities

    FG partners Japan over N2.17bn electricity supply facilities

    According to reports, the Federal Government yesterday sealed a pact of $11m (N2.17bn) with the Japanese Government for an emergency improvement of electricity supply facilities in Abuja.

    The project to be implemented by the Japanese International Cooperation Agency and the Ministry of Power is aimed at procuring and installing power capacitor banks at the existing two sub-stations in Abuja and neighboring Nasarawa state.

    This, according to the agreement, would decrease the transmission loss and assist in stabilizing power supply to approximately 7,000 […]