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Riverine communities decry rot in inland waterways

Riverine communities decry rot in inland waterways
dailytrust.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytrust.com Daily Mail and Mail on Sunday newspapers.

Survey progresses at N5 3tr Mambilla hydropower site

The Mambilla hydropower project is expected to increase the national grid by 30 per cent when completed. The contract cost is worth $5.7bn with 85 per cent funding ($4.85bn) from the Chinese Export-Import Bank (EXIM) while the federal government is providing a counterpart funding of $850 million which is the balance of 15 per cent. In the 2021 appropriation (budget), the ministry has pegged N200m for the survey work of the project. The consultancy services for enumeration and valuation of communities and persons to be affected will gulp N75m while another N75m will be spent on what the ministry described as detailed engineering design, project management and supervision of the project.

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