NIPP plants to be ready in 2013, Sambo says

At the meeting, chaired by Vice President Namadi Sambo, the government says he security outfits are to be be equipped with tracking equipment to support their operations.

Nigeria to borrow 600 million dollars for its power sector.

The Vice President, Namadi Sambo, on Friday said that most power plants projects of the National Integrated Power Project, NIPP, would be ready for inauguration in 2013.

Mr. Sambo said this in Abuja at a special meeting on gas supply to power plants across the country.

He directed that any problem that might hinder the delivery of power, especially gas supply, should be addressed forthwith by relevant authorities.

On the power plant in Sapele, which was the subject of the meeting, the Vice President stressed the need to address the problem of gas supply to the plant.

He urged the experts handling the Sapele project to find lasting solutions to the problems.

Okowa Campaign AD

He directed that another gas supply agreement be signed to meet up the volume of gas needed for the plant.

The Minister of Finance, Ngozi Okonjo-Iweala, told the meeting that the World Bank had approved $600 million credit facility for Nigeria to address some problems in the power sector.

Critics have often bemoaned Nigeria’s rising debt profile saying it is putting Nigeria’s economy on the wrong footing.

Mrs. Okonjo-Iweala, who is also the Coordinating Minister for the Economy, however, said that there is nothing wrong in getting the facility.


Support PREMIUM TIMES' journalism of integrity and credibility


Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.


NEVER MISS A THING AGAIN! Subscribe to our newsletter

* indicates required


Now available on

  Premium Times Android mobile applicationPremium Times iOS mobile applicationPremium Times blackberry mobile applicationPremium Times windows mobile application

TEXT AD: New Discovery! Click Here To See A Miracle Device That Can Cure DIABETES, BLOOD PRESSURE, STROKE, ARTHRITIS, PAINS, OBESITY And 50 Other CHRONIC DISEASES Without Drugs Or Herbs.. Click Here Now To See It

All rights reserved. This material and any other material on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from PREMIUM TIMES.