In Abuja, Nigeria, on Oct. 25, Nigeria’s Minster of State for Power, Works and Housing, Mustapha Shehuri, and Lv Zeziang, president of China Gezhouba Group International Company Ltd. (CGGC), joined other government and company officials in dedicating CGGC’s North Central and West Africa headquarters.
CGGC established the facility ahead of developing and constructing the planned 3,050-MW Mambilla hydroelectric project, which according to Shehuri, “would be completed within the next 63 months.”
According to a report in Nigeria’s Today, Shehuri said, “We have no doubt that our Mambilla project will be delivered in due date with the establishment of the [CGGC] company in Abuja.”
Now estimated to cost about US$6 billion, Shehuri said, “85% of the project’s financing is coming from NEXIM Bank of China while 15% is from the Nigerian government.”
Zeziang said that the establishment of the headquarters in Abuja would improve on its technical strength, investment and financial capacity in regional and economic construction, and China is confident of the Nigerian market.
“Setting up a regional headquarters in Abuja managing 28 countries in the North Central and West Africa is not a mistake,” Zeziang reportedly said. “Having done this, we will do everything possible to improve the living standard of the people in the region.”
Mambilla is one of four projects to help replace the country’s diesel generating fleet. The other three projects were 700-MW Zungeru, 250-MW Gurara and 35-MW Dadin Kowa.