Business
Minister Defends $1.85m Zungeru Power Project
The Minister of Power,
Prof. Chinedu Nebo, has defended the Zungeru power project, insisting that the contract awarded at 1.85 million dollars was not inflated.
The minister gave the clarification in Abuja on Monday at the inauguration of the Zungeru Community Relations Committee which was meant to fast- track the realisation of the project.
The Tide source reports that the clarification is coming on the heels of reports that the contract for the project was awarded at an inflated price.
“Let me use the opportunity of this event to address a recent publication in the print media about the purported high cost of the Zungeru project.
“The Zungeru project has a benchmark cost of $1.85 million per installed MW, this is a very competitive price relative to similar projects worldwide,’’ he said.
“In International Renewable Agency (IRENA), similar projects in other parts of the world range between 1.050 million to 7.65 million dollars per MW,’’ he said.
Nebo said that the project, which was inaugurated by President Goodluck Jonathan in May 2013, stipulated that the first turbine and delivery of power should be ready in 48 months.
He said the inauguration of the Zungeru Community Relations Committee was part of efforts to fast track the realisation of the project and ensured that the host communities affected were properly relocated and compensated.
He said the Federal Government had worked meticulously with professional valuation consultants to conduct enumeration and valuation of persons, properties and economic trees affected by the project.
“The valuation report indicates that a total of 22,100 people, 15, 958 farmlands and 6,762 property domiciled in 98 communities will be impacted by the project,’’ he said.
He said the 20-man Committee was expected to coordinate and liaise with Emirate Council on all community issues and compensation to facilitate the timely realisation of the project.
The Chairman of the committee, Alhaji Isah Jibrin, in his remarks, thanked the minister for the opportunity to serve the nation, and said that the members would be dedicated to the task.
Jibrin said the actualisation of the project, which was abandoned before now, was key to the transformation of the power sector and the improvement of power supply to Nigerians.
He said that the project would also lead to the social economic transformation of the Zungeru Community and Niger State at large.
Reports say that the project, which is expected to generate 700 megawatts of power, is being financed through a loan from the China NEXIM Bank.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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