Minister directed to engage Chinese firms over Mambila hydropower project

From Isaac Anumihe, Abuja
President Bola Tinubu has directed the Minister of Power, Joseph Tegbe, to engage with northern states to ensure their participation and stake in the development of the Mambila Hydropower Project, disclosing also that Chinese companies had expressed interest in supporting its development through potential financing from China Exim Bank in collaboration with Sinohydro.
The Mambila Hydropower Project has the potential to generate approximately 3,000 megawatts of electricity.
This, the minister explained, is part of a broader strategy to deliver stable electricity and support the country’s economic growth.
It is against this backdrop that he promised that Ni...