The Federal Government has resumed the Azura Power Plant project which was initiated during the administration of Adams Oshiomhole, and Governor Godwin Obaseki, as the Chairman of the State’s Economic Team.
The Azura power project includes the construction, operation and maintenance of a 459 megawatts gas-fired open-cycle power plant near Benin City.
The project was first conceived under the Goodluck Jonathan administration, and after been endorsed by the new Muhammadu Buhari government, work started in 2014, but was stalled due to disagreements between the funders and the Nigerian government.
The Federal Government has now confirmed the continuation of the project after all the issues have been resolved.
The project has also reportedly created over 1,000 jobs and has an investment of over $1 billion.
The project was first conceived under the Goodluck Jonathan administration, and after been endorsed by the new Muhammadu Buhari government, work started in 2014, but was stalled due to disagreements between the funders and the Nigerian government.
The Federal Government has now confirmed the continuation of the project after all the issues have been resolved.
The project has also reportedly created over 1,000 jobs and has an investment of over $1 billion.
1/ Azura Power Plant is a 450MW project under construction in Edo State. Stalled for >1yr prior to PMB Admin because of Govt approval delays pic.twitter.com/M5ygsSuSDc— Govt of Nigeria (@AsoRock) July 2, 2017
2/The Azura project reached financial close Jan2016,after Pres @MBuhari signed the necessary agreements reqd by the investors to raise funds pic.twitter.com/c4PfsxDEJo— Govt of Nigeria (@AsoRock) July 2, 2017
3/ So far, construction of the 450MW Azura-Edo IPP has created about 1,000 jobs, and the project represents an investment of close to $1bn. pic.twitter.com/03OaMqRPJR— Govt of Nigeria (@AsoRock) July 2, 2017
4/ We're pleased to note that the Azura-Edo IPP project construction is currently proceeding ahead of schedule. pic.twitter.com/B8OZQCNvfB— Govt of Nigeria (@AsoRock) July 2, 2017
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