By lovic5 • 12th Jan 2019 • 185 views • 28 comments

In 2014 former President Goodluck Jonathan flagged off the $1 billion independent power project in Azura, Edo state. After a long and complex gestation with frequent setbacks caused by Edo PDP and former President Jonathan, 450MW Azura-Edo gas power project finally reached financial close on 28 December, 2015. President Buhari came to the rescue ordering the resumption of work at Edo-Azura power plant. 

Nigerians need to commend President Muhammadu Buhari for the Financial Close for Azura Power Plant in Edo State

The Federal Government approval 0f US$900 million private sector investment were given by President Buhari, paving the way for financial close in December 2015, and the commencement of construction in January 2016. The 459MW project was completed in May 2018, seven months ahead of schedule.

The Buhari administration has not folded its hands since its inception, idling away in the office. It has taken a hands-on approach, playing the leadership role with policy consistency and special projects intervention to deliver stable electricity to Nigerians. Confronting challenges in the power sector by this administration has taken a huge political will. Cross Section of Power sector Quick Fixes between 2016 and Now.

Based on its commitment for prompt action in the energy sector, the Buhari administration provided the muscle for speedily success of the following. On the shortage of gas to the NIPP power stations in the Western Delta – Ogorode, Benin (Ihovbor), Omotosho and Olorunsogo, the administration’s intervention and resolution of the Niger Delta crises led to improvement in gas supply to the Power stations.

28 Replies | Last update 12th Jan 2019 | Last comment

Requires Login

Make Money
Make Money

flyer 1 final


Quick View User Earnings

Requires Login Login To View Earnings