Nigeria owes Egbin power plant ₦125 billion

Egbin power plant, the biggest in Nigeria, is owed ₦125 billion ($352m) by the Federal Government and half of its output is wasted because of inadequate transmission infrastructure, its Chief Executive Officer, Dallas Peavey Jr., has said. Out of the roughly 1,300 megawatts currently generated by the facility’s six units, which is close to full […]

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