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FG Approves N100bn For Power Generation - Politics - Nairaland

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FG Approves N100bn For Power Generation by JessD(f): 5:39pm On Apr 25, 2012
The Federal Executive Council (FEC) on Wednesday approved the award of more than N90.7 billion contract for strategic gas supply to various power generation plants in the country.

Minister of Information, Labaran Maku disclosed this after the Council meeting presided over by President Goodluck Jonathan.

Maku said the contract was approved by Council to address power outages in the country which had been largely attributed to gas shortage. ``Inadequate gas supply has been one of the reasons for recent downturn in power generation.

Read more here [http://www.businessdayonline.com/NG/index.php/news/76-hot-topic/36580-fg-approves-n100bn-for-power-generation]

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