Buhari approves N1.140 trillion to construct 3,050 megawatts Mambilla hydro-power project
- The Federal Executive Council (FEC), has approved 5.792 billion dollars (about N1.140 trillion) for the construction of the 3,050 megawatts Mambilla hydro-power project at Gembu in Taraba
- Babatunde Fashola, the minister of power, works and housing said the construction should take about 72 months
- Fashola also said that Nigeria started talking about it since 1972; that is about 45 years ago
President Muhammadu Buhari at Federal Executive Council (FEC) that took place on Wednesday, August 30, approved 5.792 billion dollars (about N1.140 trillion) for the construction of the 3,050 megawatts Mambilla Hydro-Power project at Gembu in Taraba.
The News Agency of Nigeria (NAN), reports that the council was presided over by President Muhammadu Buhari,
Babatunde Fashola, the minister of power, works and housing, disclosed this while addressing state house correspondents alongside the ministers of labour and employment as well as the minister of sports, on the outcome of the council’s meeting.
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He said: ''The memorandum from the ministry of power, works and housing was to the award of the Mambilla Hydro-Power plant.
''I believe that many of you have heard of this project. Nigeria started talking about it since 1972; that is about 45 years ago.
''Several efforts had been made to bring it to reality but I’m happy to announce that this government approved the contract today to joint ventures of Chinese civil and engineering company for the engineering and turn-key contract, including civil and electro-mechanical works for 5.792 billion dollars.
''The construction should take about 72 months (6 years)''.
According to him, the scope of works of the project will include the construction of four dams and 700 kilometres of transmission lines.
The minister said the project, when completed, would boost the nation’s economy as it would unleash the potential that had been reported about Mambilla in the fields of agriculture, tourism and energy.
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He said: ''Although we have athletes who had competed in other sports and had won laurels for the country, we felt it was economical to present the basketball team which was handy on ground in view of the fact that if you look at the component of players, they were mixed with national players and foreign based.
''So, we got the opportunity handy and had received them and for those we have not been able to do, we will still do it at the appropriate time, knowing too well that this government is always committed to receiving and honouring our athletes whenever they make the country proud''.
Meanwhile, NAIJ.com had reported that sources close to the presidency said President Buhari was likely to make major cabinet changes on Wednesday, August 30, after the FEC.
In the video below, NAIJ.com TV asked some Nigerians which of President Buhari's ministers would they want sacked?