FG To Boost Power Sector Investment For Economic Development

By


 The Nigerian government is taking bold steps to strengthen the power sector, viewing it as a vital driver for the country’s economic growth.


In collaboration with the World Bank, the government has outlined several initiatives under the Power Sector Recovery Operation (PSRO) and the Distribution Sector Recovery Programme (DISREP). These include the deployment of 3.5 million meters to enhance power distribution, investments in solar energy, and significant infrastructure upgrades.


These efforts are part of a broader strategy to boost economic development and create jobs.



https://businessday.ng/energy/power/article/fg-to-boost-power-sector-investment-for-economic-development/?utm_source=telegram&utm_medium=social

Comments

Post a Comment

Popular posts from this blog

THE MOST DOMINATING TRIBES IN EACH AFRICAN COUNTRY

By
Image
 THE MOST DOMINATING TRIBES IN EACH AFRICAN COUNTRY 1. Algeria 🇩🇿  - Arab-Berber (primarily Arab) 2. Angola 🇦🇴  - Ovimbundu 3. Benin 🇧🇯  - Fon 4. Botswana 🇧🇼 - Tswana 5. Burkina Faso : Mossi 6. Burundi 🇧🇮 : Hutu 7. Cabo Verde (Cape Verde) : Creole (mixed African and European ancestry) 8. Cameroon 🇨🇲 : Fang (in the southern regions); other dominant groups include the Bantu-speaking peoples 9. Central African Republic : Baya 10. Chad 🇹🇩: Sara 11. Comoros 🇰🇲: Comorian (primarily Bantu-speaking) 12. Congo, Democratic Republic of the : Kongo (also significant groups include Luba and Mongo) 13. Congo, Republic of the : Kongo 14. Djibouti 🇩🇯 : Somali 15. Egypt 🇪🇬 : Egyptian (primarily Arab) 16. Equatorial Guinea 🇬🇶. Fang 17. Eritrea 🇪🇷 : Tigrinya 18. Eswatini (Swaziland 🇸🇿) : Swazi 19. Ethiopia 🇪🇹 : Oromo (though Ethiopia has numerous ethnic groups, including Amhara and Tigray) 20. Gabon 🇬🇦:  Fang 21. Gambia 🇬🇲 : Mandinka 22. Ghana 🇬🇭 ...
Read more

The Ark: A Monumental Faith Sanctuary by Living Faith Church, Poised to Be the Largest in the World

By
Image
 The Ark project, spearheaded by the Living Faith Church and its visionary founder, Bishop David Oyedepo, is set to redefine global religious architecture. Located in Ota, Ogun State, Nigeria, this awe-inspiring structure will become the largest church sanctuary in the world upon completion, with a staggering seating capacity of over 100,000 worshippers.  The Ark is not just a church; it's a testament to faith, innovation, and Nigeria's ambition on the global stage. Designed to mimic the biblical Noah’s Ark, this colossal structure will feature a worship hall, twin 12-story towers, and additional facilities, such as prayer booths and a Bible school. The existing Faith Tabernacle, which already holds 50,000, will remain operational, serving as an overflow space for major events. Estimated to cost ₦160 billion, the Ark is a bold reflection of Bishop Oyedepo's vision to spread the gospel far and wide. The project showcases not only Nigeria’s capacity for architectural excellen...
Read more

From Destruction to Restoration: The Remarkable Journey of the Onitsha Bridge

By
Image
A Glimpse into the History of the Onitsha Bridge: 1st photo:  Before the Construction Before the Onitsha Bridge was built, crossing the waterway from Asaba to Onitsha was the only means of transportation. Boats and ferries were essential for movement across this vital route. 2nd photo:  Construction Begins - 1964  The construction of the Onitsha Bridge was a significant engineering feat, marked by the erection of its towering pillars. This phase symbolized the first steps toward connecting the eastern and western regions of Nigeria. 3rd photo:   The Completed Onitsha Bridge  Upon completion, the Onitsha Bridge became a symbol of progress, linking communities and facilitating trade. It served as a vital infrastructure for years, supporting both local and national economic activities. 4th photo:  Destruction During the Biafra War - 1967 Unfortunately, the bridge was destroyed during the early years of the Biafra War in 1967. The destruction not only seve...
Read more