FEC approves construction of $5.8 billion 3,050MW Mambilla hydroelectric power plant

FEC approves construction of $5.8 billion 3,050MW Mambilla hydroelectric power plant

Nigeria’s Federal Executive Council (FEC) has approved the construction of the $5.8 billion Mambilla hydroelectric power plant by the China Civil Engineering Construction Corporation (CCECC). According to the Babatunde Fashola, minister of power, works and housing, 85 per cent of the funding for the project will come from China’s export-import bank while the Nigerian Government…

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