Connect with us

News

Nigeria, US firm sign $10bn agreement on energy plant

Published

on

Nigeria and the largest United States renewable energy company operating in Africa, Sun Africa LLC, have signed an agreement for the construction of 5,000 megawatts of solar generation.

2,500 megawatts of battery energy storage power plants for up to 10 billion dollars investment from the US government.

The agreement was signed at the US-Africa Business Forum by the Minister of Industry, Trade, and Investment, Mr Adeniyi Adebayo, and CEO of Sun Africa, Mr Adam Cortese, in the presence of President Joe Biden’s Special Presidential Co-ordinator for the Partnership for Global Infrastructure and Investment, Mr Amos Hochstein.

At the event, President Buhari said as part of the National Renewable Energy and Energy Efficiency Policy, Nigeria had set the vision 30:30:30, which aims at achieving 30 gigawatts of electricity by 2030 with renewable energy contributing 30 percent of the energy mix, and sought the United States’ support to achieve it.

Sun Africa, Sterling and Wilson Renewable Energy Limited “S&W”, a leading US and international solar EPC company, and the Nigerian government have been working on the development of transformation grid-connected and mini-grids solar projects in multiple locations, including interconnection, electrification and smart meters infrastructure.

To ensure comprehensive approach to access electricity, the statement says Sun Africa is also implementing solar cabins and solar home systems, where the mini-grids are not economically viable.

In a statement by Special Assistant to the President on Media and Publicity, Mallam Garba Shehu, says the project will be constructed in different phases across the six geopolitical zones to provide clean, reliable and affordable electricity to more than 30 million homes.

The statement explains that all the technical and financial due diligence activities for the phase 1 of the project have been completed for the first 5 selected locations for the grid-connected solar projects of up to 961 MWp of solar and 455 MWh of battery energy storage.

According to the statement, ING Bank, US EXIM Bank, the Federal Ministry of Finance, and the Debt Management Office DMO, have concluded all the financial negotiations and are closing the financing terms for up to 2 billion dollars.

It says construction of phase 1 is expected to start in the first quarter of 2023.

The statement says the transformative solar project of US Climate and Sustainable Energy Agenda, is entirely in line with the Federal Government’s Energy Transition Plan, addressing clean and reliable energy supply, creating jobs, and ensuring transfer of knowledge and technology.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Troops kill 52 terrorists, arrest ISWAP leader in Bauchi – DHQ

Published

on

The Defence Headquarters (DHQ) has reported that a joint operation involving Nigerian military troops and Department of State Services (DSS) operatives resulted in the elimination of 52 terrorists and the apprehension of a leader of the Islamic State West Africa Province (ISWAP) in Bauchi State.

The ISWAP leader was captured in a sting operation at Tarum, a village outside Bauchi Metropolis, as disclosed by Maj.-Gen. Edward Buba, the Director of Defence Media Operations, in a statement on Friday.

While the DHQ did not disclose the name of the arrested ISWAP leader, it revealed that the individual held a significant role in the North Central and North West zones.

The military high command emphasized that targeting terrorist leadership is crucial in ensuring the safety and security of citizens, with ongoing operations consistently diminishing the fighting force and capacity of these groups.

Maj.-Gen. Buba noted that Nigerian Air Force airstrikes played a key role in destroying terrorist leaders’ enclaves in the North West and North Central zones in the past week.

The week’s operations resulted in the neutralization of 52 terrorists, the arrest of 204 individuals associated with terrorism, and the rescue of 234 kidnapped hostages. Additionally, in the South-South zone, troops recovered stolen crude oil and illegal refined products, destroyed various equipment and sites used for illegal activities, and seized a substantial amount of weapons, ammunition, vehicles, and other items associated with criminal operations.

Continue Reading

News

‘Stop making police officers’ wives widows’ – Arase decries killing of cops in South East

Published

on

Solomon Arase, the Chairman of the Police Service Commission, has expressed distress regarding the escalating violence against security personnel, particularly police officers, in the South East region.

The former Inspector General of Police highlighted the growing number of police officers’ wives becoming widows due to attacks by gunmen in the area. In a statement by Ikechukwu Ani, Head of Press and Public Relations, Arase conveyed his apprehension during a courtesy visit by leaders of Ohanaeze Ndigbo, Federal Capital Territory (FCT) chapter, in Abuja.

Arase emphasized that it’s essential to communicate to the assailants that the police are not their adversaries and have committed no wrongdoing. He lamented the loss of numerous serving officers in the South East, urging the perpetrators to recognize the police as friends and cease making widows out of officers’ wives, who are essentially their sisters.

Furthermore, Arase assured that the Commission has addressed the perceived marginalization of the South East in police representation nationwide.

Elder Onwu Arua, the leader of the Ohanaeze delegation, expressed concern about the lack of interest among people in the South East regarding the ongoing police recruitment exercise. He urged the Police Service Commission to devise strategies to address this issue.

Continue Reading

News

IPOB alleges pressure on Gov Mba to blackmail Supreme Court

Published

on

On Friday, the Indigenous People of Biafra (IPOB) alleged that Governor Peter Mba was facing pressure from “Aso Rock” to discredit the Supreme Court ahead of the judgment on its leader, Nnamdi Kanu, scheduled for December 15. IPOB based this claim on Mba’s characterization of the group as a proscribed organization, a statement he made after visiting President Bola Tinubu at the Presidential Villa in Abuja.

IPOB cautioned the governor against making a “costly mistake” by using the group’s name to gain favor from Tinubu’s administration. In a statement by Powerful, a spokesperson for IPOB, it was emphasized that Mba’s comments were deemed reckless and unguarded. The statement alleged that Mba, under pressure from the federal government, accused IPOB of being responsible for the sit-at-home protest and insecurity in the Southeast.

The statement pointed out that Mba had previously condemned Simon Ekpa, who was associated with the enforcement of the Monday sit-at-home. IPOB expressed skepticism about the governor’s motives and suggested that his statements were influenced by the Tinubu administration.

IPOB urged the public to dismiss the governor’s remarks, describing him as a “cowardly governor” making unfounded accusations. The statement reminded Mba that IPOB is not easily intimidated and warned against attempting to use the group’s name for political advantage.

The statement concluded by calling on the Nigerian Supreme Court Justices not to succumb to blackmail, urging the release of Nnamdi Kanu, who was acquitted by the Court of Appeal. IPOB reiterated its commitment to the cause of self-determination and emphasized that the movement would not yield to blackmail or pressure.

Continue Reading

Trending