Federal Character
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
Federal Character
No Result
View All Result
Home News

Nigeria Embarks on Ambitious Gas-Fired Power Plant to Tackle Electricity Woes and Drive Economic Growth

Eriki Joan UgunushebyEriki Joan Ugunushe
August 5, 2023
in News
0
Nigeria Embarks on Ambitious Gas-Fired Power Plant to Tackle Electricity Woes and Drive Economic Growth
Share on FacebookShare on TwitterShare on Whatsapp

Nigeria took a momentous step towards addressing its persistent power supply challenges with the commencement of construction on Friday for a groundbreaking gas-fired power plant near the capital, Abuja. This ambitious initiative is the first major project undertaken by President Bola Tinubu, who has committed to improving the nation’s erratic electricity situation and stimulating sluggish economic growth.

As Africa’s largest economy, Nigeria faces frequent power cuts, affecting every city, due to insufficient generation capacity and an unreliable grid system. The Gwagwalada Independent Power Plant, designed to operate on Nigerian gas, aims to supply approximately 11% of the country’s energy needs. This essential facility will be built in three phases and is being spearheaded by the state oil firm NNPC.

Notably, Nigeria boasts one of the world’s largest gas reserves, making the establishment of the power plant a significant milestone towards harnessing and monetizing this abundant resource. The project is a collaboration between China Mechanical Engineering Corp., GE Vernova, and NNPC, with the first phase scheduled for completion in 2024.

During the groundbreaking ceremony, President Tinubu hailed the power plant as a “first bold step” towards building a robust energy sector to drive Nigeria’s economy. His administration is committed to increasing power generation, stabilizing the grid, and resolving distribution bottlenecks that hinder the reliable supply of electricity to homes and businesses.

At present, despite having an installed power generation capacity of 12,500 megawatts, Nigeria produces only a fraction of that, forcing millions of households and businesses to rely on costly power generators. The removal of a popular but expensive petrol subsidy by President Tinubu contributed to rising fuel prices, affecting many citizens.

This visionary power plant, in conjunction with two others in Kaduna and Kaduna, forms part of the larger power projects planned along Nigeria’s 614-km (384-mile) AKK natural gas pipeline corridor. The collective effort aims to augment the nation’s generation capacity by 3,600 megawatts, bringing much-needed relief to Nigeria’s power supply challenges.

As Africa’s leading energy producer, Nigeria’s progress in enhancing its power infrastructure is indeed something to keep a close eye on. The successful implementation of this project holds the promise of a brighter and more prosperous future for the nation, and it represents a significant leap forward in addressing the energy needs of its burgeoning population.

Tags: abujagroundbreaking gas-fired power plant near the capitalmomentous step towards addressing its persistent power supply challengesNigeria
Eriki Joan Ugunushe

Eriki Joan Ugunushe

Eriki Joan Ugunushe is a dedicated news writer and an aspiring entertainment and media lawyer. Graduated from the University of Ibadan, she combines her legal acumen with a passion for writing to craft compelling news stories.Eriki's commitment to effective communication shines through her participation in the Jobberman soft skills training, where she honed her abilities to overcome communication barriers, embrace the email culture, and provide and receive constructive feedback. She has also nurtured her creativity skills, understanding how creativity fosters critical thinking—a valuable asset in both writing and law.

Related Posts

Your Grocery Bill Is About to Drop: Trump's Surprise Tariff Cuts Target Dozens of Everyday Foods
News

Your Grocery Bill Is About to Drop: Trump’s Surprise Tariff Cuts Target Dozens of Everyday Foods

November 15, 2025
Schools Across Australia and NZ Abruptly Close After Shocking Discovery in Sandpits
News

Schools Across Australia and NZ Abruptly Close After Shocking Discovery in Sandpits

November 14, 2025
France's Unhealed Wounds: Nation Confronts Lasting Trauma 10 Years After Paris Massacre
News

France’s Unhealed Wounds: Nation Confronts Lasting Trauma 10 Years After Paris Massacre

November 13, 2025
Next Post
Dollar, Euro and Pounds To Naira Exchange Rate For Today, August 5 2023

Dollar, Euro and Pounds To Naira Exchange Rate For Today, August 5 2023

ECOWAS Takes Decisive Stand with Military Plan to Tackle Niger’s Coup Crisis

ECOWAS Takes Decisive Stand with Military Plan to Tackle Niger's Coup Crisis

Thai Ex-PM Postpones Return from Self-Exile Amid Political Deadlock

Thai Ex-PM Postpones Return from Self-Exile Amid Political Deadlock

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

First Nigerian female graduates from prestigious UK Military Academy

First Nigerian female graduates from prestigious UK Military Academy

2 years ago
Gabon’s New Transitional Leader Takes Oath Amidst Political Uncertainty

Gabon’s New Transitional Leader Takes Oath Amidst Political Uncertainty

2 years ago

Taiwo Oyedele Unveils Timeline for Tax Reform Implementation

10 months ago
Temi Otedola Celebrates Love with Mr Eazi, Drops Wedding Clues

Temi Otedola Celebrates Love with Mr Eazi, Drops Wedding Clues

1 year ago

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

Topics

2023 Aboki/Bureau De Change (BDC) apc Arsenal buhari Business cbn chelsea china court Davido Dollar Efcc Election Entertainment Euro and Pounds To Naira Exchange Rate For Today exchange rates for the Nigerian Naira (NGN) Fashion federal character federal government Finance food Football Foreign News government health inec Israel lagos Manchester United Naira Naira Black Market exchange rates News Nigeria pdp police Politics president protest Russia Sports tinubu trump ukraine US
No Result
View All Result

Highlights

US and UK Say Somalia’s Entire E-Visa System May Be Compromised

Your Grocery Bill Is About to Drop: Trump’s Surprise Tariff Cuts Target Dozens of Everyday Foods

Trump Declares Legal War on BBC: Vows to Sue for Staggering $5 Billion

Pope Leo Invites A-List Stars to Vatican for Secret Summit on Saving Hollywood

Madueke Praises Arsenal Way of Life and Supporters After Brilliant Start at Emirates

2Baba Honors Wife Natasha Osawaru with Heartwarming Birthday Message

Trending

Makinde Defies Court Orders, Drives PDP Into Chaos
Politics

Makinde Defies Court Orders, Drives PDP Into Chaos

byEriki Joan Ugunushe
November 15, 2025
0

The tension inside the Peoples Democratic Party escalated sharply today, as Oyo State Governor Seyi Makinde showed...

Why I Won’t Go Broke Even If I Quit Music - Spyro Boasts

Why I Won’t Go Broke Even If I Quit Music – Spyro Boasts

November 15, 2025
End of an Era: SAG Awards to Dump Famous Name in Dramatic Hollywood Rebrand

End of an Era: SAG Awards to Dump Famous Name in Dramatic Hollywood Rebrand

November 15, 2025
US and UK Say Somalia's Entire E-Visa System May Be Compromised

US and UK Say Somalia’s Entire E-Visa System May Be Compromised

November 15, 2025
Your Grocery Bill Is About to Drop: Trump's Surprise Tariff Cuts Target Dozens of Everyday Foods

Your Grocery Bill Is About to Drop: Trump’s Surprise Tariff Cuts Target Dozens of Everyday Foods

November 15, 2025

We launched Federal Character in February 2021 based on the belief that the world is in need of smarter and more efficient reporting of events shaping our rapidly changing world. We pledged to put our audience first, always.

Recent News

  • Makinde Defies Court Orders, Drives PDP Into Chaos
  • Why I Won’t Go Broke Even If I Quit Music – Spyro Boasts
  • End of an Era: SAG Awards to Dump Famous Name in Dramatic Hollywood Rebrand

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

© 2024 FederalCharacter.com

No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion

© 2024 Federalcharacter.com