The Federal Government has signed a $1bn Memorandum of Understanding with Strancton Limited for the construction of a 1,000 megawatts power plant in Katsina State.
It also signed another MoU with Greenville Oil and Gas Limited for the supply of liquefied natural gas to the Kaduna power plant.
The Minister of Power, Prof. Chinedu Nebo, who signed the contracts on behalf of the government, said the proposed power project was highly innovative as its promoter, Strancton, working with Katsina State, would use gas from Niger Republic to fire the plant.
It also signed another MoU with Greenville Oil and Gas Limited for the supply of liquefied natural gas to the Kaduna power plant.
The Minister of Power, Prof. Chinedu Nebo, who signed the contracts on behalf of the government, said the proposed power project was highly innovative as its promoter, Strancton, working with Katsina State, would use gas from Niger Republic to fire the plant.
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