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NDDC plans $27.3b power, road projects 

THE Niger Delta Development Commission is seeking partnerships to finance power and road projects worth about $27.3bn in the oil-rich region of Nigeria.

It disclosed this in a July 2023 document titled, “A Sea of Opportunities in the Niger Delta Region,” obtained in Abuja, where it outlined the benefits that would be derived from the projects.

It said the Niger Delta Regional Power Pool project would require about $13bn, while the East-West Coastal Road project would gulp $24.3bn.

The NDDC named the states in the NDR to include Bayelsa, Rivers, Akwa Ibom, Cross River, Edo, Delta, Abia, Imo and Ondo.

Providing details about the Niger Delta Regional Power Pool project, the NDDC said, “The transmission network of 19 gas powered generation will link the nine BRACED commission states and supply power to the load centres to guarantee cheap, reliable, and sustainable power in the region at the cost of $13bn.

“This will entail a 330kV transmission network (the Niger Delta Regional Power Pool) that links the nine NDR states and supplies 7GW of subsidised power to the load centres (27 dynamic industrial parks), one per senatorial district.

“Installation of power generation assets in each IP (industrial park). Construction of a regional transmission network to tie the PGA’s (power generation assets) together and engender interstate power trading.”

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