FG signs $329m deal with chinese firm to boost power supply
The Federal Government has signed a $328.8 million contract with Chinese firm, China Machinery Engineering Corporation (CMEC), to rehabilitate and expand Nigeria’s electricity transmission network under Phase 1 of the Presidential Power Initiative (PPI). The agreement encompasses the Engineering, Procurement, Construction, and Financing (EPC+F) of 330kV and 132kV transmission lines nationwide, to enhance grid reliability…
