Nigerian govt to earn $2.10bn as it hands Zungeru Hydroelectric to private firm

For a fee of $70,000,251 per year, the Federal Government has concession the 700 megawatts Zungeru Hydroelectric Power Plant.

The Head, Public Communications, Bureau of Public Enterprises (BPE), Ibeh Chidi. said the Hydroelectric Power Plant was concession to Mainstream Energy Solutions Limited for 30 years.

The deal will fetch the Nigerian government a sum of $2.10 billion for the duration.

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