Agunloye is being prosecuted by the EFCC on seven-count charges, bordering on official corruption and fraudulent award of the Mambilla PowerProject contract to the tune of $6 billion to Sunrise Power and Transmission Ltd.
"The project scheduled for August 29 had been postponed due to changes made to the staffing of the Project Management Unit (PMU) for World Bank-assisted projects in the TCN,'' he said.
Championed by by Geometrics Power Limited, the $800 million project, including the building 27KM natural gas pipeline, can generate and distribute 181 megawatts of power.
Deji Adeleke, father of Nigerian music superstar Davido, has opened up about the significant hurdles he faced while constructing his $2 billion power plant.
Tailors in Aba, the commercial hub of Abia State, on Wednesday staged a protest against alleged extortion by Aba Power Limited (APL), a subsidiary of Geometric Power. According to NAN, the protesters alleged that despite the epileptic power supply from APL
Three months after vowing to complete the abandoned Millennium Tower project, FCT Minister, Nyesom Wike on Monday confessed to the National Assembly that he is overwhelmed by the outrageous fresh contract sum submitted to him for its completion. The minister
Hundreds of students from the University of Ibadan in Oyo State have staged a peaceful protest against the 82-day power outage at the University College Hospital, UCH, Ibadan. We reported that UCH is the teaching hospital where medical students from UI are
BLUETTI Product Guide: Your Ultimate Power Solution to Have Free and Sufficient Electricity 86 percent of Nigeria's vast population of over 200 million people currently lack access to electricity. Even 5.96 million of those who do have electricity are overcharged
Also, Mrs Lolade Oresanwo, the representative of West African Energy, said that the project would create employment opportunities in the excess of 10,000. "The success of this project is the importance of power to industrialisation.
The project stands as one of a kind in the sub-region of West Africa and is intended to supply at least 10% of the country's power once fully actualized.
The project was executed under a partnership between TCN and the World Bank and is expected to improve power supply to customers primarily within the Jos Electricity Distribution Company's franchise area.
The president said his administration plans to deliver reliable electricity to homes and businesses by speeding up the Siemens Energy PowerProject delivery.
"It will also serve the emerging industrial corridors and industrial parks and zones, the Independent Power Projects, and provide stable power generation for industrial and residential use within the state,'' he said.