Nigeria, Russian Firm Stake N16trn To Build Four Nuclear Plants

By: Hamilton Nwosa
Cat:
Energy

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Nigeria has signed an agreement with a Russian firm, Rosatom, to build four nuclear power plants in the country  valued at $80 billion, about N16 trillion.

The power plants which will have a combined capacity of 4,800 megawatts, are expected to come on stream  between 2025 and 2035.Build Four Nuclear Plants

Speaking at a forum in Kenya Tuesday, Mr. Franklin Erepamo Osaisai, Chairman/Chief Executive Officer, Nigeria Atomic Energy Commission, said the building of the nuclear plants would be financed by Rosatom, which will then build, own, operate and transfer the plants to the government and people of Nigeria after a number of years.

Hamilton Nwosa
Hamilton Nwosa
Hamilton Nwosa is an experienced, and committed communication, business, administrative, data and research specialist . His deep knowledge of the intersection between communication, business, data, and journalism are quite profound. His passion for professional excellence remains the guiding principle of his work, and in the course of his career spanning sectors such as administration, tourism, business management, communication and journalism, Hamilton has won key awards. He is a delightful writer, researcher and data analyst. He loves team-work, problem-solving, organizational management, communication strategy, and enjoys travelling. He can be reached at: hamilton_68@yahoo.com

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