24 October 2016, Sweetcrude, Lagos — The amount of power in the Nigerian national power grid will rise by 25 megawatts, MW, when the independent power project, IPP, being developed by the Nigerian Agip Oil Company, NAOC, in partnership with the Nigerian Content Development and Monitoring Board, NCDMB, in Bayelsa State, comes on stream in December – two months away.
Executive Secretary of the NCDMB, Engr. Simbi Wabote, made this known in a statement.
When completed, the 25-megawatts IPP would power the Bayelsa Nigerian Oil and Gas Parks Scheme, NOGAPS, and the Board’s 17-storey headquarters building, which would be completed in the first quarter of 2019.
The NCDMB boss revealed that the Board would be signing Memorandum of Understanding, MOU, with investors in the NOGAPS before the end of 2018. The NOGAPS is currently under construction in Bayelsa and Cross River states.
“The parks will be operated using the sites and service model with provision of electricity round the clock to enhance manufacturing activities,” Wabote said.
