Akwa Ibom State Government has concluded arrangement for the establishment of a new electricity generating company, Qua Iboe Power Plant.

Governor Udom Emmanuel made this know while fielding questions from Government House Correspondents shortly after a meeting at his office with the investors on the power plant project.

The project, governor Udom said is to be cited at Qua Iboe Onshore Terminal in Ibeno Local Government Area, and would be operated under Public Private Partnership Agreement (PPA) with the Nigerian National Petroleum Corporation (NNPC) joint venture with Dangote Group, BlackRhino, African Development Bank, International Finance Consortium (IFC) with the Islamic Development Bank as financiers of the project.
According to him, the project when completed would attract more investors and create employment as well as boost the economy of the state and country. He added that if about four hundred million cubic of gas were produced at the terminal, the industrialization policy of his administration would witness a major leap and assured of a congenial and safe environment for the investment.

Founder and Chief Executive Officer, BlackRhino, Mr. Brian Herlihy, explained that the power plant project has a portfolio of more than one billion dollars in partnership with BlackRhino, Dangote Group and NNPC.

He further explained that the company would build a 570 Mega watts Gas fire Power Plant using a Combined Circle Technology with General Electric equipment and world-class expertise, which would utilise onshore and offshore gas for its operations to enhance the growth of other industries in the value chain.

Herlihy also stated that the project would employ more than 12,000 workers at the construction level and 300 workers during operations, adding that this would have a replicate effect on the indirect job market.

He commended the governor for the reception granted the team, assuring that the company would live to its corporate social responsibilities and sued for more cooperation from both the government and people of the state.

Special Assistant to the governor on Power, Engr. Meyene Etukudo, noted that Akwa Ibom is richly blessed with enormous economic potentials and it’s development is gradually unfolding.

Etukudo identified power as a major element in industrial development, stressing that about 567 megawatt of electricity would be added to the national grid to make up to about 20 percent of the total grid in the country.

He commended the governor for his vision to build power sub-stations that would enhance effective energy distribution in the state. He also seized the opportunity to condemn the incessant vandalism on electrical installations.

Also present at the meeting were Secretary to the State Government Dr. Emmanuel Ekuwem, Dean of Commissioners, Dr. Glory Edet, and Senior Special Assistant to the governor on Technical Matters and Due Process, Elder Ufot Ebong.

Source: https://www.google.com.ng/amp/s/guardian.ng/news/new-electricity-generating-company-qua-iboe-power-plant-berths-in-akwa-ibom/amp

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To the promise land we went.... �

@lalasticlala

OP, pls report how many people have dumped Fayose so far. Such stories gladden my heart. Fayose and his house boy must be sent packing!

Where is the power plant?

Ok

akwa ibom

they should stop developin this state

always good tings comin out of there



pls frustrate them

so that the will nt overtake other states

nonsense

Ok

It is not only about building a power plant
It is about whether it gonna function or not

Good move

Spacebookers.com

DarkMagic:

Nigerian projects always delivered in media and paper, but delivered spiritual in physical.

lastmessenger:
Where is the power plant?

"...has concluded arrangements..."

Everything na mouth and written on paper, we don't see or hear shits again in real life

JHH

Barcanistta the paid Udom Hack

Angelb4:
OP, pls report how many people have dumped Fayose so far. Such stories gladden my heart. Fayose and his house boy must be sent packing!

come and pack him

Every day a new Akwa Ibom thread makes front page.

I wonder how much they paid Seun

and some people are using these Great innovations to power their society

Hi

All the one wey dey exist no dey function yet u won start new one.... Issokay

[quote author=ubox post=69263780]

and would be operated under Public Private Partnership Agreement (PPA) with the Nigerian National Petroleum Corporation (NNPC) joint venture with Dangote Group, BlackRhino, African Development Bank, International Finance Consortium (IFC) with the Islamic Development Bank as financiers of the project.
/quote]


Is Udom Islamizing Akwa Ibom and Nigeria gradually? Where are the Christian fanatics? Udom should be called to order.

Why is Islamic Development Bank sponsoring this? Couldn't Udom Emmanuel find other sponsors?

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Angelb4:
OP, pls report how many people have dumped Fayose so far. Such stories gladden my heart. Fayose and his house boy must be sent packing!

All his boys has dumped him. Lol

quote author=Koolking post=69274531][/quote]

Is Udom Islamizing Akwa Ibom and Nigeria gradually? Where are the Christian fanatics? Udom should be called to order.[/quote]

Exactly. I wonder why Islamic Bank is sponsoring this project. Anything to do with Islam seems like dining with the devil.

Just curious....why do we have policemen behind governors at meetings. I have never seen a military guy standing behind Trump

WhatsApp takes steps to prevent the spread of fake news
/p9eVRr-1sp

All i see is people sitting round a table..i beg is it a table plant or power plant