Buhari approves Mambila power project, 40 yrs after

President Muhammadu Buhari at Wednesday’s Federal Executive
Council(FEC) meeting, approved the award of the contract for the
engineering, procurement and construction of the 3050 MW Mambila
Hydro Electric Power Project, thus reflecting his strong commitment
to the development of infrastructure in the country.

The Minister of Power, Works and Housing, Babatunde Raji Fashola
speaking on the Mambila project, said “it will have a
transformational effect on all of Nigeria’s socio-economic
development. During its construction and upon completion, and
subsequent operation, it will have considerable positive impact on
electricity supply nationwide, productivity, employment, tourism,
technology transfer, rural development, irrigation, agriculture and
food production in the area and beyond.”

The contract which was given to a consortium of three Chinese
Companies, Messrs CGCC-SINOHYDRO-CGOCC Joint Venture, came after
more than 40 years on the drawing boards. He stated that the work
which started in 1972, as part of a preliminary study carried out
by Moto Columbus, and confirmed by an indigenous water resources
consultancy, Diyam Consultant led by distinguished Nigerian
engineer, the late Malam Salihi Ilyasu, had recommended the
construction of a hydropower project with a rated capacity of 3,960
MW.

The project which will cost the country the sum of
US5,792,497,062.00 inclusive of taxes, environment utilization,
works, as well as project land acquisition and compensation to
about 100,000 people who will be resettled, came as a result of
President Muhammadu Buhari discussions with the President of the
Peoples Republic of China during his State Visit to that
country.

“One of the achievements of the visit was the bilateral
agreement between the two governments to cooperate on the project
and in particular, for the Peoples Republic of China to prioritise
Chinese financing of the Mambilla Hydro-Electric Power Project
using Chinese contractors”.

He also stated that the formation of the Joint Venture by the
three companies, CGCC, SINOHYDRO and CGCOC under the guidance of
the Chinese authorizes was at the request of our government and
significant in breaking the deadlock caused by litigation, also
ended needless competitor wrangling’.

President Muhammadu Buhari at Wednesday’s Federal Executive
Council(FEC) meeting, approved the award of the contract for the
engineering, procurement and construction of the 3050 MW Mambila
Hydro Electric Power Project, thus reflecting his strong commitment
to the development of infrastructure in the country.

The Minister of Power, Works and Housing, Babatunde Raji Fashola
speaking on the Mambila project, said “it will have a
transformational effect on all of Nigeria’s socio-economic
development. During its construction and upon completion, and
subsequent operation, it will have considerable positive impact on
electricity supply nationwide, productivity, employment, tourism,
technology transfer, rural development, irrigation, agriculture and
food production in the area and beyond.”

The contract which was given to a consortium of three Chinese
Companies, Messrs CGCC-SINOHYDRO-CGOCC Joint Venture, came after
more than 40 years on the drawing boards. He stated that the work
which started in 1972, as part of a preliminary study carried out
by Moto Columbus, and confirmed by an indigenous water resources
consultancy, Diyam Consultant led by distinguished Nigerian
engineer, the late Malam Salihi Ilyasu, had recommended the
construction of a hydropower project with a rated capacity of 3,960
MW.

The project which will cost the country the sum of
US5,792,497,062.00 inclusive of taxes, environment utilization,
works, as well as project land acquisition and compensation to
about 100,000 people who will be resettled, came as a result of
President Muhammadu Buhari discussions with the President of the
Peoples Republic of China during his State Visit to that
country.

“One of the achievements of the visit was the bilateral
agreement between the two governments to cooperate on the project
and in particular, for the Peoples Republic of China to prioritise
Chinese financing of the Mambilla Hydro-Electric Power Project
using Chinese contractors”.

He also stated that the formation of the Joint Venture by the
three companies, CGCC, SINOHYDRO and CGCOC under the guidance of
the Chinese authorizes was at the request of our government and
significant in breaking the deadlock caused by litigation, also
ended needless competitor wrangling’.