In its quest for power supply sufficiency, the Federal Government has signed a grant aid project for emergency rehabilitation and reinforcement of the Lagos transmission sub-station with the Japanese government.
Signed in Abuja over the weekend, the project was donated by the Japanese government at the cost of (Y 2,349,000,000 – USD 21.088 million).
Minister of Budget and National Planning, Senator Udoma Udo Udoma, signed on behalf of the Nigeria government, while the Japanese Ambassador Extraordinary and Plenipotiary to Nigeria, Mr.Yutaka Kikuta, signed on behalf of the Government of Japan.
A statement by Victoria Agba-Attah, Director of Information in the ministry quoted Udoma as saying that attaining power sufficiency was indeed one of the goals of the Economic Recovery and Growth Plan (ERGP) of the Federal Government.
Source: New Telegraph