Bola Ahmed Tinubu reiterated his administration’s dedication to bolstering Nigeria’s energy and power industry, stating that it is consistent with his election-year pledge to boost power generation over the country’s present 12,000 MW capacity.
The President said this on Friday in Abuja during the ceremonial groundbreaking of the 350 MW first phase of the 1350 MW Gwagwalada Independent Power Project (GIPP) by the Nigerian National Petroleum Corporation (NNPC).
President Tinubu said in his speech at the ceremony that the power project will address problems with the electricity value chain and get rid of all distribution bottlenecks, which was in line with his campaign platform.
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According to Newsmen, the GIPP project is being led by NNPC Ltd. in a partnership with General Electric (GE) for the Long Term Service Agreement and China Machinery and Engineering Corporation (CMEC) for the EPC. It is intended to provide dependable electricity, strengthen Nigeria’s energy sector, and spur economic growth.
The GIPP project is one of the crucial power production projects along the Ajaokuta-Kaduna-Kano (AKK) gas pipeline corridor, which is 70% complete, and will be located on an already purchased 54.7 hectares of land in Gwagwalada, Abuja.
AKK is the largest domestic gas pipeline project currently under construction in Nigeria.
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