UAE invests in 300MW power plant in Lagos – Independent Observers

UAE invests in 300MW power plant in Lagos

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By Danladi Al-Hassan

The United Arab Emirates has established a 300 megawatts renewable energy power plant in Lagos.

UAE’s Ambassador to Nigeria, Fahad Obaid Al Taffaq, who disclosed this when he paid a courtesy visit on the Minister of Power, Sale Mamman, in Abuja said that the 300MW plant was ready for operation in Lagos and would support power being supplied by the national grid.

He said the plant, which was built by a member of the emirate royal family, Ahmed Al-maktum, has the capacity for expansion within a few months to about 1,000MW

He said the power project was part of the United Arab Emirates investments in Nigeria.

Al Taffaq requested for the assistance of the minister in securing a generation licence and tariff from the Lagos state government.

He explained that the company had concluded all agreements with Shell for the supply of gas to the plant.

He also informed the minister of the interest of the UAE to invest in electricity transmission and distribution network across Nigeria.

Mamman, in response, said the Federal Government was open to genuine investors, especially in the power sector.

He assured the UAE that the Federal Ministry of Power would collaborate with the country in its areas of investments in Nigeria.

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