- The Nigerian government, via the FGN Power Company, has signed a $118 billion deal to boost electricity in the country
- The Minister of Power, Adebayo Adelabu, signed the contract on behalf of the Nigerian government.
- Adelabu said that the deal will complement the ongoing mid-stream transmission projects in Nigeria
Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment, and the economy for over a decade.
The Nigerian government has signed a significant contract valued at $118 billion to fund the construction and rehabilitation of about 2,670 kilometres of distribution lines, including 33KV and 40V circuits throughout the country.
