FG okays $64m for Escravos power project

The Federal Government has approved $64m for the power project in Escravos communities in Warri South Local Government Area of Delta State.
The approval was granted at the Federal Executive Council (FEC) meeting presided over by Vice President Yemi Osinbajo at the State House, Abuja, on Wednesday.
According to Daily Trust, the Minister of State, Petroleum Resources, Dr Ibe Kachikwu, told State House correspondents that “We had approvals earlier to do the Escravos to Lagos Pipeline system. It was then stalled following protest by the community over the plan to move 50% of the gas to provide power to other areas, when the communities did not have power.
“Today Council approved $64m to fund two lots. One to build the power plant to supply power itself and the other distribute the power to all the affected communities.”
With the approval, he said power will now be provided to the communities within four or five years and become a permanent structure.
“The only way we had been able to maintain peace in the communities was to use generators to supply power which had been costing NNPC about N18m every month to manage,” he said.
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