President Bola Ahmed Tinubu has reaffirmed his administration’s commitment to strengthening Nigeria’s energy and power sector, saying that it is in line with his campaign promise to increase power generation beyond the current 12,000MW.
The President made this known on Friday
during the groundbreaking of the Nigerian National Petroleum Corporation (NNPC)
350MW first phase of the 1350MW Gwagwalada Independent Power Project (GIPP) in
Abuja.
In his address at the ceremony, President
Tinubu stated that the power project would address power value chain
challenges, and remove all distribution bottlenecks which are in line with his
campaign manifesto.
Heraldviews reports that the GIPP project is
led by NNPC Ltd. in a joint venture with China Machinery and Engineering
Corporation (CMEC) for the EPC, and General Electric (GE) for the Long Term
Service Agreement, and is designed to provide reliable electricity, strengthen
Nigeria’s energy sector, and accelerate economic growth.
The GIPP project will sit on an already
acquired 54.7hectares of land in Gwagwalada, Abuja, and is one of the critical
power generation projects along the Ajaokuta-Kaduna-Kano (AKK) gas pipeline
corridor which is at 70% completion.
AKK is Nigeria’s largest, ongoing domestic gas
pipeline project till date.
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