Bauchi Signs $70m Electricity Provision Agreement With UK Firm
By, MOHAMMED KAWU, Bauchi
A $70 million Memorandum of Understanding (MoU) for the provision of 10 megawatt of electricity was Friday signed between the Bauchi State Government’ and a United Kingdom based firm, PowerDot.
The MoU which is geared to provide affordable and uninterrupted electricity to the state teeming citizens is to be executed through the incineration of municipal solid waste to energy is commence this March, 2021.
Speaking shortly after signing the agreement at the Government House, Bauchi, Governor Bala Mohammed pledged to provide the required support for the smooth execution of the project in the state.
He also pledged to protect the firm’s investment in the state, observing that the initiative will enhance internally generated revenue (IGR) for the state, create employment opportunities to the unemployed, and bring industrialization to the people.
Bala delightfully said, “Today is a very auspicious day, we welcome you to Bauchi and we extend our solidarity to your partners.” We will do all the needful for you to operate effectively in our state”.
According to him, the agreement which was signed to provide 10 megawatts of power through waste is key towards providing good governance in Bauchi state.
Governor Bala reiterated the determination of his administration to continue to partner with the federal government, especially in complying with power regulations to harness enough waste that abounds in the state.
The Group Managing Director of the United Kingdom based firm, Ambassador Anthony Esere had in a remark said that Bauchi is the second in the entire African continent to benefit from such investment from the organization.
Ambassador Anthony Esere who assured that work on the project will commence in March this year, noted that the initiative will bring positive development to the state.
Esere expressed delight for the PowerDot organization is to be in Bauchi state to bring investment of 70 million dollars to boost the socio-economic development of the people.
Bauchi State House of Assembly Committee on Environment and Forestry Chairman, Hon. Musa Wakili Nakwada described the initiative as a welcome development and timely investment to the state.
Director General of the Bauchi State Environmental Protection Agency (BASEPA), Dr. Ibrahim Kabir who was at the occasion, had earlier noted that the investment would go a long way in boosting critical sectors of the economy including power and environment.