The Federal Government has announced its partnership with an indigenous firm, One Nation Energy Limited, to generate 500 megawatts of electricity from coal.
According to the government, the partnership would ensure the addition of 500MW of electricity to the national grid, as it was part of its quest for adequate energy mix to boost the drive for an efficient power sector.
The Minister of Power, Prof. Chinedu Nebo, said the coal-fired power project would provide stable electricity that was devoid of challenges of sabotage from vandals who were determined to frustrate the government’s effort at providing adequate power.
Speaking while signing a memorandum of understanding with One Nation at the headquarters of the power ministry in Abuja, Nebo said, “Nigeria is blessed with abundance of coal deposits, with Enugu being the hub. Its coal deposits are in three layers when compared with other parts of the country that have one layer of the resource deposited at a point, all across large stretch in eight other states.”
The Chairman/Chief Executive Officer, One Nation Energy, Dr. Uzoma Obiyo, said the coal-fired power plant was being constructed in Enugu State as a result of the abundance of coal deposits in the state.
He said the coal deposit in Nigeria was very clean and the processing of the mineral resource for energy delivery would not be cumbersome.