Buhari orders NNPC to build additional power plants in Kuduna, Kano

The NNPC said it is prepared to build additional power plants in Abuja, Kaduna and Kano.

The additional power plants are expected to add 4,000 megawatts of power to stabilise the national grid

The Nigerian National Petroleum Corporation (NNPC) is set to build additional Independent Power Plants (IPP) in Abuja, Kaduna and Kano which are expected to add 4,000 megawatts of power to stabilise the national grid. According to Leadership, the NNPC also disclosed that it would construct a fertilizer plant in Brass, Bayelsa state. The newspaper adds that the chief financial officer of NNPC and chairman of the Board of NNPC Power subsidiary, Gas and Power Investment Company (GPIC), Isiaka Abdulrazaq, stated this at the inaugural board meeting of GPIC at the NNPC Towers in Abuja.

The GPIC, according to a statement by NNPC spokesman, Ndu Ughamadu, was established as a subsidiary under the Gas and Power Directorate to enable the corporation monetize the abundant gas resources in the country for the benefit of the nation’s economy. Abdulrazaq said the GPIC was a very strategic company through which the NNPC would create more value for the country, stressing that by the time the IPPs come on stream in Abuja, Kaduna and Kano, the Small and Medium Enterprises (SMEs) in the areas would be better for it. Abdulrazaq said:

“GPIC is a company which the NNPC has set up basically to focus on how it can create value and monetize the nation’s abundant gas resources. The company will also be focused on developing power stations, fertilizer plants as well as petrochemical plants across the states.”

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