FG Signs €25 million Contract With French Gov’t, EU, To Improve Electricity In Northern States

September 15, 2022
One Hundred Days After Buhari
Muhammadu Buhari

The French Development Agency (AFD) and the Federal Government have signed a €25 million agreement to upgrade electricity in the north-western part of the country.

According to the Minister of state for budget and national planning, Clem Agba, the agreement was sealed with AFD and European Union, on Wednesday, to fund the Northern Corridor Project. 

Join our WhatsApp Channel

Agba said the €25 million deal is on the back of the National Development Plan 2021 to 2025. Northern states expected to benefit from the electricity development plan include Niger, Kebbi, Sokoto, Kaduna, Kano, Jigawa, Bauchi and Nasarawa. 

The agreement will result in the development of 800 km of 330 kV double circuit transmission lines. It was also gathered that the capital disbursed into the project will lead to the building or upgrade of 13 sub-stations. 

“I want to thank the EU and AFD and the French government for this intervention in Nigeria’s power sector, especially as it has to do with transmission lines and substations.” He said. 

The minister explained that, “Power is very essential, and what we are signing today (Wednesday) demonstrates this. This project will help TCN to operationalise its ‘Transmission Expansion Plan’, through the construction of additional transmission lines and substations across nine states in the northern part of the country — Niger, Kebbi, Sokoto, Kaduna, Kano, Jigawa, Bauchi and Nasarawa.” 

Head of Unit/Head of Cooperation, European Union Delegation to Nigeria, Cecile Tassin-Pelzer, said the EU and the French Development Agency have been working together in the power sector since 2017. 

“We are happy about this collaboration, particularly in the energy and agricultural sector under the Green Economy Team Europe Initiative. 

“The collaboration is a concrete example of how the EU Global Gateway can contribute to major investments in infrastructure development. 

“We are now looking at the implementation of the project, which is very important to us.” Tassin-Pelzer said. 

Meanwhile, the AFD country director, Xavier Muron, hinted of the creation of solar farms in the north-western part of Nigeria, stating that mixed diversification has been unachievable due to poor transmission networks.

+ posts

Featured Stories

Latest from Business

Bulls Charge Ahead As NGX Shatters Records As Market Cap Surpasses N50trn

NGX Records N63.83bn Share Trades Within Three Days

A total turnover of 2.87 billion shares, worth N63.83 billion, was traded in 80,229 deals by investors on the floor of the Nigerian Exchange (NGX) between Monday and Wednesday. The NGX, also known as the stock market, opened for three trading days
Fidson Grows Revenue By 55%, Profit Reaches N11.90bn

Fidson Grows Revenue By 55%, Profit Reaches N11.90bn

Fidson Healthcare saw a 55.83 percent increase in its revenue, which stood at N93.08 billion for the period between January and September 2025, compared to the N59.72 billion generated in 2024. In the company’s unaudited report and financial statements for the period

Dollar Rate Drops By N10 In Black Market

Over N10 was removed from the foreign exchange rate for the United States dollar (USD) in the black market on Wednesday, December 24. According to Naira Rates, the price for a dollar had depreciated to N1,467.99 kobo per $1, from the N1,477.99
NGX Suspends Trading In Unity Bank, Guinea Insurance, 6 Other Companies’ Shares

Over N118.37bn Added To Nigerian Stock Market Cap

Guinness led the gainers’ list on the Nigerian Exchange (NGX) on Wednesday, December 24, and Legend Internet topped the losers’ table as the stock market capitalisation increased by N118.37 billion. According to NGX, the stock market capitalisation grew to N97.89 trillion, from
AGAIN! More Sexual Abuse Victims Testify Against R. Kelly
Previous Story

Chicago Court To Jail R. Kelly For New Sexual Misconducts

African Environment Activists Ask Total To Stop Oil Extraction In Uganda
Next Story

African Environment Activists Ask Total To Stop Oil Extraction In Uganda

Don't Miss

Detroit Judge Temporarily Removed After Handcuffing Teen In Courtroom Incident

Detroit Judge Temporarily Removed After Handcuffing Teen In Courtroom Incident

Detroit Judge Faces Backlash for Courtroom Incident A Detroit judge
SERAP sues Tinubu, govs over cybercrime law abuse

SERAP Sues President Tinubu Over Petrol Price Hike, Seeks Reversal To N600 Per Litre

SERAP Takes Legal Action Against President and NNPCL The Socio-Economic