27 June 2019

Nigeria Seeks China's Support for Mambilla Power Project Takeoff

Nigeria has appealed for China's support for the immediate take-off of the $5.8 billion Mambilla hydropower project in Taraba State.

"Nigeria, in particular, would appreciate the immediate take-off of the Mambilla hydropower project and the resuscitation of the Lake Chad," Nigerian Ambassador to China, Baba Ahmad Jidda, said in Beijing at the Coordinators' Meeting on the Implementation of the Follow-up Actions of the 2018 summit of the Forum on China-Africa Cooperation (FOCAC).

The envoy thanked China for implementing several infrastructure projects across ECOWAS member states and asked for the country's support in building more connectivity in the area of trade, people-to-people exchange, telecommunications, transport, and intelligence data sharing.

Earlier at the opening of the meeting, China's State Councilor and Foreign Minister, Wang Yi, disclosed that the Asian country would carry out more than 880 projects across African countries in the next three years.

The 3,050 - megawatt hydroelectric plant has been planned for over three decades.

China's Export-Import Bank will provide 85 percent of the funding and Nigeria's government will supply the remaining 15 percent for the joint venture.

These projects are part of the eight major initiatives China promised to implement with African countries, covering fields such as industrial promotion, infrastructure connectivity, trade facilitation, and green development.

Nigeria

Why Falling Inflation Rate Has No Effect On Nigerians - Economists

Some notable economists in the country have given reasons why the recent consumer price inflation fall has failed to… Read more »

See What Everyone is Watching

More From: Daily Trust

Don't Miss

AllAfrica publishes around 700 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.