N200m loan: FG to provide 203km high transmission lines, six voltage substations in Ogun, Lagos — Aliyu
The Federal Government said it will provide about 203KM high voltage transmission lines and six high voltage substations in selected communities in Ogun and Lagos States.
The project will be facilitated with a $200 million loan which the Federal Government is negotiating with the Japan International Cooperation Agency (JICA).
Abubakar Aliyu, Minister of Power, while receiving the JICA delegation in his office, said that the deal was aimed at promoting best practices particularly to infrastructural development in the electricity supply industry in Nigeria.
The transmission rehabilitation and expansion programme which will be carried out by the Transmission Company of Nigeria, TCN, will provide about 203KM high voltage transmission lines and 6 high voltage substations which cover 5 LGAs in Ogun State and 1 LGAs in Lagos State with appropriately 200 communities affected.
“The Federal Government of Nigeria through the Ministry of Power is to partner with the Japan International Cooperation Agency (JICA), on the implementation of transmission expansion programme aimed at expanding the power transmission network to support the rapidly expanding industries in Lagos and Ogun States.
“The counterpart funding for compensation of Project Affected Persons (PAP), Consultancy services for line route studies, environmental and social impact assessment, environmental social management plan for the proposed JICA transmission projects in Lagos and Ogun states is reflected in the 2021/ 2022 appropriation of the Ministry,” he said.
Abubakar said that consultancy services for line route studies, environmental and social impact assessment, environmental social management plan for the proposed JICA transmission projects in Lagos and Ogun states have been completed.
Sasaki Taigo, senior representative of JICA, said that their mission was to confirm the content of loan agreement and project memorandum of the Lagos and Ogun power transmission system improvement project with relevant Ministries and implementation Agencies among others.
He further said meetings with relevant authorities will commence with the aim of having the loan agreement signed in March, 2022.
