Adelabu Lauds China's $3.9bn Investment in Nigeria's Power Sector
Minister of Power, Adebayo Adelabu, praises China's $3.9 billion investment in Nigeria's power sector, advocating for deeper collaboration to enhance electricity supply. Adelabu highlights the importance of strategic partnerships with China to boost the energy infrastructure in Africa's most populous nation.
The significant investments include the Zungeru Hydroelectric Power Plant and a transmission project funded by Chinese financial institutions. Adelabu stresses the need for regular meetings to review progress in the power sector and appreciates China's support in advancing local content and preserving foreign exchange.
The minister's call for increased cooperation aims to leverage Chinese expertise and resources to improve Nigeria's electricity supply chain.
Plus234Feed summary based on reporting from This Day. Read the original report below.
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