A Review of the Nigerian Energy Industry

Nigeria, One Nation partner to generate 500Mw electricity from coal

Coal fired power generation.
Coal fired power generation.

05 March 2016, Sweetcrude, Lagos – The Federal Government has entered into partnership with an indigenous firm, One Nation Energy Limited, to generate 500 megawatts of electricity from coal. The deal will ensure the addition of 500mw of electricity to the national grid .The power station will be located in Enugu state .

The Minister of Power, Prof. Chinedu Nebo who Spoke while signing the Memorandum of Understanding (MoU) with One Nation Energy in Abuja, yesterday said, that Nigeria is blessed with abundance of coal deposits, with Enugu being the hub.

“Its coal deposits are in three layers when compared with other parts of the country that have one layer of the resource deposited at a point, all across large stretch in eight other states,”he noted .

The Minister of Power, Prof. Chinedu Nebo, said the project would provide stable electricity that would be devoid of the challenge of sabotage by vandals who were bent on frustrating the government’s effort at providing adequate power

The Chairman/Chief Executive Officer, One Nation Energy, Dr. Uzoma Obiyo, said the coal-fired plant was being constructed in Enugu State as a result of the abundance of coal deposits there.

According to him, Nigerian coal deposits were very clean and that the processing of the mineral resource for energy delivery would not be cumbersome.

Obiyo noted that the South-East had enough coal deposits to deliver about 5,000MW electricity, adding that the zone was a veritable corridor of power supply to the other parts of the country.

The chairman, who signed on behalf of his firm, expressed the company’s commitment to the realization of the project and called on the government to help fast-track the procurement of necessary permits, license and approvals.
*Anayo Korie – Daily Independent

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