??????????????????????????????????????????????????????????
HighlightTop Story

Russia’s Putin set to build two nuclear plants in Nigeria

387

Russia state owned energy giant Rosatom  has signed a deal to build two nuclear power plants in Nigeria, as  Nigeria seeks to end its energy crisis.

The deal was reached after a long period of negotiation, with the two countries signing their first intergovernmental nuclear co-operation agreement in 2009.

The federal government hopes the plants, which will initially be operated by Rosatom before they are handed over, will help deal with the country’s energy deficit.

Construction of the new power plants is expected to begin in the next two years

Rosatom will build one in the south, the other in the North central, sources at the Nigeria Atomic Energy Commission said.

The deal’s exact worth is unknown, although some reports suggest it is likely in the region of $20bn (£15bn), according to the BBC.

The company is also involved in discussions in Ghana and South Africa.

An initial agreement with the latter to build a plant was ruled unlawful in a South African court earlier this year.

 

Leave a comment

Related Articles

FCT Police neutralize infamous kidnapper Dogo Saleh

The Federal Capital Territory Police Command says it has achieved significant milestones...

Oil & Gas Investments Will Not Make Africa Net Contributor to Global Emissions – Presidential Adviser Veheijen

The Federal Government has reaffirmed its commitment to creating an enabling environment...

Rivers Crisis: Tinubu Urges Stakeholders to Adhere to Rule of Law to Restore Peace

President Bola Tinubu has restated the need for stakeholders to adhere to...

Suspended Sen. Natasha Takes Case Against Akpabio To UN Inter-Parliamentary Union

Hard-fighting Kogi Senator Natasha Akpoti- Uduaghan has taken her sexual harassment case...

Barcelona’s Teen Sensation Lamine Yamal Makes History in Champions League Win Over Benfica

Barcelona secured a spot in the Champions League quarter-finals with a thrilling...

Lagos gas tanker explosion: 1 dead, several people injured, 14 vehicles razed

A gas tanker explosion occurred at Otedola Bridge in Lagos on Tuesday...

FCT Police crack down on car theft, recover 19 stolen vehicles

The crackdown on car theft in the Federal Capital Territory (FCT) has...

Nigeria’s First Lady Commends Economic Team as Country Prepares to Host AFREXIMBANK Annual Meeting

Nigeria’s First Lady, Sen. Oluremi Tinubu, has praised the Minister of Finance...

Reps order NCC to block porn sites, mandate internet service providers to restrict access

In a move to safeguard societal values and combat immorality, the House...

Supreme Court upholds Aiyedatiwa’s victory, dismisses PDP’s bid to nullify election

The Supreme Court has put an end to the long-standing legal dispute...

CAF, African Club Association Sign Historic MoU to Strengthen Club Football

The Confédération Africaine de Football (CAF) and the African Club Association (ACA)...

Tinubu Seeks Senate Confirmation for INEC RECs, Correctional Service Appointments

President Bola Tinubu has requested the Senate to confirm the appointments of...

Federal High Court, Abuja, Dismisses Claims of New Trial Judge’s Recusal in Nnamdi Kanu’s Case

The Federal High Court has debunked reports that the new trial judge...

June 12 crisis: Haul up IBB, others before ICC for genocide, Sen. Ojudu, Gen. Ishola, Abiola’s son tell CSOs

A prominent journalist and politician, Sen. Babafemi Ojudu, has said the mastermind...

Updated: Demolished structures in Gishiri blocking Abuja road project – FCT Minister Wike

As the residents of Gishiri in Katampe District of Abuja continue to...

Exclusive: Over 20 buildings demolished as FCT minister bulldozes Gishiri community

By Daniel Okejeme & Samuel Akpan More than 20 buildings, including residential...

Super Eagles Coach Chelle Unveils Star-Studded Squad for Rwanda, Zimbabwe Clashes

Nigerian football enthusiasts can now have a sigh of relief as Super...

China, India Emerge as Nigeria’s Largest Trading Partners

Nigeria’s trade relations have taken a significant shift, with China and India...

Just in: My govt will implement Supreme Court’s judgement in full — Gov. Fubara

Rivers Gov. Siminalayi Fubara has assured that his administration will fully implement...

Amaju Pinnick Favoured to Retain FIFA Council Seat – NFF

Amaju Melvin Pinnick of Nigeria is favoured to secure re-election to the...