Sokoto to complete 16-year old IPP with N950m

Worried over the frequent collapse of the national grid with its attendant effect on businesses, the Sokoto State government has approved the sum of N950 million for the completion of the state owned Independent Power Plant. The 16 years old project had earlier gulped N5.5 billion, but has yet to be completed. The project was […]

Sokoto to complete 16-year old IPP with N950m

Worried over the frequent collapse of the national grid with its attendant effect on businesses, the Sokoto State government has approved the sum of N950 million for the completion of the state owned Independent Power Plant.

The 16 years old project had earlier gulped N5.5 billion, but has yet to be completed.

The project was initially awarded in 2008 to an American based energy company, Vulcan Capital Energy at the cost of N3.8 billion with a completion period of six months.

The dateline was later shifted to September 2009, December 2010 and again to July 2011 respectively.

Similarly, the completion period was later slated for September, 2013 before it was extended to August 2014, November 2016 and December 2019.

Daily Trust gathered that another N1.7 billion was injected into the project before the 2020 corona virus pandemic.

Briefing newsmen on the outcome of the state Executive Council meeting presided over by Governor Ahmed Aliyu, which lasted for almost six hours on Wednesday, the Commissioner for Information, Alhaji Bello Danchadi said the council deliberated on the shortage of power supply to the state and resolved to complete the independent power project started during the last APC administration in the state.

According to him, the sum of 950 was approved for the project, which was already at the completion stage.

The council also approved billions of naira for the construction and rehabilitation of roads, roundabouts, Mosques as well as students’ hostels among others.

 

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