The Federal Executive Council (FEC) has approved N47 billion for the provision of additional 40 megawatts of electricity to the national grid.
Minister of Power, Sale Mamman, told journalists on Wednesday that the 40 megawatts would be evacuated from Kashimbilla Dam in Taraba State where it is currently being generated.
The approval followed a memo presented by the power ministry to FEC, which was presided over by President Muhammadu Buhari.
Mamman said: “The council approved the ministry’s memo for the revised estimated total cost for the augmentation of the subsisting contract in the sum of N47,235,303,821.90, to provide additional critical power grid infrastructure for the full evacuation delivery and utilisation of 40 megawatt, currently being generated form Kashimbilla, via Takum, Wukari and Yandev, to the national grid.”
According to him, the additional 40 megawatts will boost power supply in Taraba and Benue states as well as the entire North-East region of the country. He said unless the generated power is evacuated from its source, the country will lose about 120 gigawatts of power, equivalent to $9 million in a year.
Source: Oriental News