Breaking News
Home » All News » FG approves $3.7bn to boost power transmission.

FG approves $3.7bn to boost power transmission.

The Federal Government has approved 3.7 billion U.S. dollar (about N592 billion) to boost power transmission, as part of efforts to achieve its target of 20,000 megawatts.

Vice-President Namadi Sambo disclosed this at an interactive session with Nigeria-Canadian Association in Toronto, Canada, according to a statement issued in Abuja by Malam Umar Sani, his Senior Special Assistant on Media and Publicity,

The statement said that Sambo, who narrated the achievements and challenges of President Goodluck Jonathan’s administration, pledged the administration’s commitment to providing the necessary infrastructure for the country.

It said that Sambo gave an assurance that development efforts were being intensified in areas such as power supply, transportation, aviation, ICT and agriculture.

It said that he also expressed the government’s commitment to providing affordable healthcare services, while addressing issues such as educational advancement and provision of good governance.

The statement quoted Sambo as appreciating the contributions of Nigerians living abroad to the country’s development, saying that it was in recognition of their contributions that a Diaspora Bond of N1 billion was set up.

It said that Sambo urged Nigerians living in Canada to key into the laudable initiative, while calling on citizens living overseas to come home and contribute to the country’s development.

Besides, the statement said that Mr. Fabian Nwoha, the President of the Nigeria-Canadian Association, who expressed the association’s desire to contribute positively to Nigeria’s development, however, bemoaned the negative incidences and other vices reported in the country.

It said that Nwoha, nonetheless, expressed the association’s confidence in the ability of the Jonathan-administration to deliver on its promises.

“He, however, reminded the Federal Government about its promise to establish a consular office in Toronto so as to address emerging diplomatic issues,” the statement added.

It said that Chief Ojo Madueke, the Nigerian High Commissioner to Canada, who also spoke at the event, commended the Canada-Nigeria Association.

Highlights of the event included question-and-answer sessions, which focused on issues such as security, voting rights, women’s rights, corruption and infrastructural development.

Some of the dignitaries who attended the event are the governors of Akwa Ibom and Kaduna states, the ministers of education, internal affairs and works, as well as the PDP national chairman.



Check Also

Leadership of traders unions endorses Gov. Obaseki for second term

Tweet Over thirty-one leaders of traders’ unions associations and other groups have thrown their weight …

Scroll Up