Sunday, January 25, 2026
27.7 C
Lagos

ETA-Zuma Plans 300 MW Coal-fired Plant in Nigeria

Miner ETA-Zuma announced it plans to build a 300 MW coal-fired power plant in Nigeria. The firm which obtained a licence to develop a 1200 MW thermal plant will first build a 300 MW plant due to investment’s size, revealed the company’s chief executive Joseph Avalogu.

The plant is to be built in Itobo, Kogi State. The chief executive told News Agency of Nigeria that construction works would start before the end of 2016 and last 13 months.

Mr Ayalogu highlighted that his firm was aware of the health and environmental issues related to woal and indicated that it took optimal measures regarding the management of the plant’s waste.

spot_img
spot_img
spot_img

Hot this week

SERAP Sues Adelabu, NBET over ‘Failure to Account for Missing N128bn in Power Ministry’

Socio-Economic Rights and Accountability Project (SERAP) has filed a...

NGX Group, Lagos State, HEI Expand Project BLOOM to Alimosho, Building on Measurable Social Impact

Nigerian Exchange Group Plc (NGX Group), in partnership with...

NDIC, EFCC Strengthen Collaboration to Enhance Asset Recovery, Prosecution of Bank Failure Offences

L-R: MD, Nigeria Deposit Insurance Corporation (NDIC), Mr. Thompson...

ONEDOSH Raises $3m Pre-Seed to Build Global Stablecoin Payment Rails

Money should move without borders. It doesn’t, yet. OneDosh has...

Unity Bank Unveils Enhanced Unifi Mobile App to Deepen Digital Banking Experience

Nigeria’s retail lender, Unity Bank Plc, has launched an...

Topics

Intercontinental Bank Plc: Death so Painful

The banking entity was officially proclaimed DEAD by the Central Bank of Nigeria (CBN) in 2009. It was a mysterious and painful demise. But the soul of the bank has refused to Rest-in-Peace. Today, the living dead skeleton of the bank are rumbling in the belly of Access Bank Plc, fueling ghostly imaginations of resurrection or reincarnation. The Early Years Intercontinental Bank Plc was born in 1989 to the family of Dr. Erastus Akingbola. Early in life, the young bank exhibited elements of excellence, profitability and leadership in the banking sector. And when the whistle was blown on Banking Consolidation in 2005, the bank merged seamlessly with three other banking institutions: Equity Bank of Nigeria, Gateway Bank and Global Bank in October of that year. Naturally, the merging process made it bigger in terms of size, branch network, customer base and profitability.

Irukwu, Mutual, Stanbic Pension, NEM Win NAIPCO Awards

A total of 23 outstanding insurance and pension operators...

Why Women Empowerment is Vital to Ending Malnutrition in Nigeria

From the time a woman is born until when...

EFCC Invests in Digital Forensics to Tackle Emerging Crime Challenges

L-R: Dr. Abidemi Cornelius Adegboye, Department of Economics, University...

Emirates Toys for Kids This Summer Season!

Wow! Just like yesterday, Summer is almost here again....

NMMA Invites Entries for 2016 Media Awards

The Nigeria Media Merit Award has officially invited...

Abuja Becomes Uber’s 400th City to Launch

Yesterday, Abuja became the 400th city to in Uber’s...

NNPC, JV Partners, NDDC Commission N24.5bn Ogbia-Nembe Road

L-R: Deputy Governor of Bayelsa State, Sen. Lawrence Ewhrudjakpo;...
spot_img

Related Articles

Popular Categories

spot_imgspot_img