Western Africa
Nigeria’s $4.8bn Mambilla Hydropower Project reaches settlement
Nigeria will now go ahead to build the second-largest hydroelectric plant in Africa, after settlement was reached on the arbitration case for the $4.8 billion Mambilla hydropower project.
According to a news report by Bloomberg, the settlement was announced by Sale Mamman, Nigeria’s Minister for Power, who stated that “We have now overcome the major problem stopping this project“.
President Buhari had promised to tackle Nigeria’s power problem by rehabilitating the country’s crumbling power infrastructure and building new facilities
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