The following warnings occurred:
Warning [2] Undefined array key "avatartype" - Line: 783 - File: global.php PHP 8.0.30 (Linux)
File Line Function
/global.php 783 errorHandler->error
/showthread.php 26 require_once
Warning [2] Undefined array key "avatartype" - Line: 783 - File: global.php PHP 8.0.30 (Linux)
File Line Function
/global.php 783 errorHandler->error
/showthread.php 26 require_once
Warning [2] Undefined variable $awaitingusers - Line: 34 - File: global.php(844) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/global.php(844) : eval()'d code 34 errorHandler->error
/global.php 844 eval
/showthread.php 26 require_once
Warning [2] Undefined array key "mybb" - Line: 1952 - File: inc/functions.php PHP 8.0.30 (Linux)
File Line Function
/inc/functions.php 1952 errorHandler->error
/inc/functions_indicators.php 41 my_set_array_cookie
/showthread.php 629 mark_thread_read
Warning [2] Undefined property: MyLanguage::$ratings_update_error - Line: 5 - File: showthread.php(732) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(732) : eval()'d code 5 errorHandler->error
/showthread.php 732 eval
Warning [2] Undefined array key "additionalgroups" - Line: 7162 - File: inc/functions.php PHP 8.0.30 (Linux)
File Line Function
/inc/functions.php 7162 errorHandler->error
/inc/functions_user.php 844 is_member
/inc/functions_post.php 406 purgespammer_show
/showthread.php 1070 build_postbit
Warning [2] Undefined array key "profilefield" - Line: 6 - File: inc/functions_post.php(474) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/inc/functions_post.php(474) : eval()'d code 6 errorHandler->error
/inc/functions_post.php 474 eval
/showthread.php 1070 build_postbit
Warning [2] Undefined array key "showimages" - Line: 741 - File: inc/functions_post.php PHP 8.0.30 (Linux)
File Line Function
/inc/functions_post.php 741 errorHandler->error
/showthread.php 1070 build_postbit
Warning [2] Undefined array key "showvideos" - Line: 746 - File: inc/functions_post.php PHP 8.0.30 (Linux)
File Line Function
/inc/functions_post.php 746 errorHandler->error
/showthread.php 1070 build_postbit
Warning [2] Undefined array key "threadprefix" - Line: 4 - File: showthread.php(1168) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1168) : eval()'d code 4 errorHandler->error
/showthread.php 1168 eval
Warning [2] Undefined array key "threadprefix" - Line: 4 - File: showthread.php(1168) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1168) : eval()'d code 4 errorHandler->error
/showthread.php 1168 eval
Warning [2] Undefined array key "threadprefix" - Line: 4 - File: showthread.php(1168) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1168) : eval()'d code 4 errorHandler->error
/showthread.php 1168 eval
Warning [2] Undefined array key "threadprefix" - Line: 4 - File: showthread.php(1168) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1168) : eval()'d code 4 errorHandler->error
/showthread.php 1168 eval
Warning [2] Undefined array key "threadprefix" - Line: 4 - File: showthread.php(1168) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1168) : eval()'d code 4 errorHandler->error
/showthread.php 1168 eval
Warning [2] Undefined array key "threadprefix" - Line: 4 - File: showthread.php(1168) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1168) : eval()'d code 4 errorHandler->error
/showthread.php 1168 eval
Warning [2] Undefined array key "threadprefix" - Line: 4 - File: showthread.php(1168) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1168) : eval()'d code 4 errorHandler->error
/showthread.php 1168 eval
Warning [2] Undefined array key "threadprefix" - Line: 4 - File: showthread.php(1168) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1168) : eval()'d code 4 errorHandler->error
/showthread.php 1168 eval
Warning [2] Undefined array key "invisible" - Line: 1506 - File: showthread.php PHP 8.0.30 (Linux)
File Line Function
/showthread.php 1506 errorHandler->error
Warning [2] Undefined variable $threadnotesbox - Line: 30 - File: showthread.php(1533) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1533) : eval()'d code 30 errorHandler->error
/showthread.php 1533 eval
Warning [2] Undefined variable $addremovesubscription - Line: 79 - File: showthread.php(1533) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1533) : eval()'d code 79 errorHandler->error
/showthread.php 1533 eval
Warning [2] Undefined variable $forumjump - Line: 86 - File: showthread.php(1533) : eval()'d code PHP 8.0.30 (Linux)
File Line Function
/showthread.php(1533) : eval()'d code 86 errorHandler->error
/showthread.php 1533 eval




Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
NNPC, U.S. seal $1.1 million pact for 1,350MW Abuja power plant
#1
NNPC, U.S. seal $1.1 million pact for 1,350MW Abuja power plant



[Image: OGTAN.jpg]


[url=https://guardian.ng/sport/drama-in-abuja-as-ministry-fetes-victorious-para-powerlifting-team/][/url]

A $1.1 million pact, expected to generate 1,350 megawatts (MW) Independent Power Plant was yesterday, in Abuja, signed between the Nigerian National Petroleum Corporation (NNPC), and the United States Trade and Development Agency (USTDA).


Expected to be constructed by General Electric and CMEC on a debt-Equity ratio of 70:30 pet cent, the power plant would be powered by gas from the proposed Ajaokuta-Kaduna-Kano (AKK), gas pipeline.


Speaking at the event, Group Managing Director, NNPC, Mele Kyari, who signed on behalf of the Corporation, said the move would ensure that the electricity supply in Nigeria becomes stable.

Nigeria has been faced with lingering challenges of electricity supply, which has stagnated at an average 4,000WM over the past 40 years despite a rapidly growing population.


Also, the nation’s week economic outlook, the standard of living as well as poor business environment have been linked to the epileptic power supply, as citizens rely on generating sets despite the environmental issues.
“We have gas in abundance; we must create an infrastructure that will help create gas for power generation. We need power to create jobs, and we must create prosperity so that we can create peace in our country. We are grateful for this grant,” Kyari said.

He stressed the need to improve electricity supply to power economic growth and development, adding that NNPC’s plan to build the 1,350mw power plant in Abuja, is part of the national strategy to monetise the abundant natural gas resources in the country.
Specifically, the $1.1 million grant would be deployed for the feasibility study that would drive and make case for the bankability of the project, Acting Director USTDA, Thomas Hardy, explained.

Disclosing that the project does not require counterpart funding from Nigeria as the USTDA made a 100 per cent commitment to the project, Hardy said the agency will ensure that the project is viable.


Also speaking, the United States’ Ambassador to Nigeria, Mary Leonard, who signed on behalf of the U.S., disclosed that the grant would help to open up Nigeria’s energy sector.


She said: “The grant will provide the in-depth technical, economic and financial analysis necessary to develop a major new source of energy and exciting 1,350MW natural gas power plant here in Abuja. 

“I am excited about this project for many reasons; the first is what successful completion of this project would mean for the greater prosperity of Nigeria, as gas reserves have to date been largely untapped.


“Creating an incredible opportunity for additional production increased domestic utilisation and eventually export to the global marketplace. When completed, this power plant will take advantage of this new domestic resource and help address Nigeria’s existing critical energy needs.”
Reply


Possibly Related Threads...
Thread Author Replies Views Last Post
  Customs Blames NNPC For Increasing Rate Of Fuel Smuggling Across Border. Edoman 0 2,486 08-17-2021, 08:41 AM
Last Post: Edoman
  NNPC records N43.57b trading surplus Edoman 0 863 08-13-2021, 12:02 PM
Last Post: Edoman
  Power failure, COVID-19, others stall N88.76bn oil production Edoman 0 816 08-10-2021, 11:27 AM
Last Post: Edoman
  NNPC Records 37.21% Drop In Oil Pipeline Vandalism In January Edoman 0 828 04-15-2021, 02:22 PM
Last Post: Edoman
  NNPC Signs $1.5 Billion Contract For Rehabilitation Of PH Refinery Edoman 0 785 04-07-2021, 10:14 AM
Last Post: Edoman
  NNPC Subsidiaries Received N1.45 Trillion In Credit Sales In 2019 — Report Edoman 0 874 03-18-2021, 06:48 PM
Last Post: Edoman
  NNPC: Government Will Consult Widely Before Petrol Subsidy Removal Edoman 0 770 03-16-2021, 07:40 AM
Last Post: Edoman
  No increase in petrol price in March - NNPC Edoman 0 728 03-01-2021, 08:09 AM
Last Post: Edoman



Users browsing this thread: 1 Guest(s)