FG, US Investors Sign MoU To Construct Gas-fired Plant

The federal government has signed a memorandum of understanding (MoU) with investors from the United States (US) that will fast-track the realisation of gas-fired power plants in the country.

The MoU was signed on behalf of government by the minister of state for power, Muhammad Wakil, with a five-man American investors, led by Mr Roy Yeferez.

The project to be located in Bayelsa State would be funded wholly by the investors who are also expected to provide technical competencies for it. Continue Reading

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