The Federal Executive Council (FEC) Wednesday approved N47 billion for the provision of additional 40 megawatts of electricity to the national grid.
Minister of Power, Mr Sale Mamman, disclosed this to State House correspondents at the end of the first-ever e-cabinet meeting presided over by President Muhammadu Buhari.
He said the 40 megawatts would be evacuated from Kashimbilla Dam in Taraba stare where it is currently being generated.
“The Council approved the Ministry’s memo for the revised estimated total cost for the augmentation of the subsisting contract in the sum of N47, 235, 303, 821.90 , to provide additional critical power grid infrastructure for the full evacuation delivery and utilization of 40 megawatt, currently being generated form Kashimbilla, via Takum, Wukari and Yandev, to the national grid,” he said.
The minister said the additional 40 megawatts would boost power supply in Taraba and Benue states as well as the entire North-East region of the country.
He said if the generated power is not evacuated from its source, Nigeria would loose about 120 gigawatts of power, equivalent to $9 million dollars in a year.
