Nigeria: Nigeria, Togo Others to Save $58bn From Transnational Power Project

nigeria nigeria togo others to save 58bn from transnational power project

Sumary of Nigeria: Nigeria, Togo Others to Save $58bn From Transnational Power Project:

  • Abuja — When completed, the ongoing 330KV West African North-Core interconnection transmission line will save West African countries about $58 billion in annual energy spending, Minister of Power, Saleh Mamman, has said..
  • The project is jointly funded by the African Development Bank (AfDB), Agence Française de Développement (AFD), the World Bank (WB) and the federal government at a total cost of $568 million..
  • Sign up for free AllAfrica Newsletters According to him, contract negotiations have already started while potential Engineering Procurement and Construction (EPC) contracting for the transmission lines will be completed in time for the start of construction by August 2021….

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