FG sinks $5.8bn in Mambilla Hydroelectric…

The Federal Government has said that it has so far spent about $5.8 billion on the 40-year-old Mambilla Hydroelectric Power project. The Mambilla Hydroelectric Power Station, is a 3,050 MW hydroelectric power project under development in Nigeria. When completed, it is expected to be the largest power-generating installation in the country, and one of the largest hydroelectric power stations in Africa.

Billed to commence operation in 2030, Mambilla will be Nigeria’s biggest power plant, producing approximately 4.7 billion KWh of electricity a year.

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