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Article: Nigeria: Govt okays N25b for power projects.
- Article from:
- TendersInfo
- Article date:
- June 6, 2009
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Byline: manish03
THE Federal Government yesterday continued its search for a lasting solution to the lingering power crisis in the country.
After a series of deliberation on the issue in Abuja, the Federal Executive Council (FEC) approved contracts worth N25.3 billion for the completion of some power projects to stabilise electricity supply in the country.
This included the ratification of President Umaru Musa Yar'Adua's anticipatory approval of a total of N15.4 billion, to be spent outside this year's budget, to fund new critical transmission projects. The money will be sourced from intervention funds.
The Council also approved N14.5 ...