Author Topic: Dangote To Provide Electricity For Nigerians, Invests $7bn in Power sector  (Read 507 times)

emezico

  • Vanguard
  • *****
  • Posts: 11776
  • Rating: +0/-0
Current reigning Africa’s richest man, Aliko Dangote has finally decided to intervene in Nigeria's epileptic power situation. He is to lead a $7 billion investment in the nation’s power sector, as well as petrochemical and mining sectors.

Alhaji Dangote, who disclosed his intentions at a function in Lagos on Sunday, said that he will be investing in the construction of a 2,000 megawatt power-generation facility to boost electricity supply over the next four years.

“We want to do power that will be about 2,000 MW, that is infrastructure,” he said.

The InfoStride Forum