President Buhari has received assurances from the Joint Venture Partners assigned to construct the 3050MW Mambilla Hydro-electric Power Plant, that all processes leading to the start of work would soon be completed to pave way for the commencement of the project early next year.
At a meeting Thursday in Beijing with Professor Lyu Ze Xiang, the President of CGCC, the construction company, President Buhari asked to be briefed on time lines for the commencement of work, following his successful meeting with the Chinese leader, Xi Jinping.
President Buhari, who likened the Mambilla to China’s Three Gorges Dam, said given the significance of the project to Nigeria’s socio-economic development, there was a need for its speedy completion.
“I am very pleased with the concern you have shown for the significance of this project. I would like you to ensure its speedy completion,” President Buhari told Professor Lyu Ze Xiang, the President of CGCC, the construction company handling the Mambilla Power Project.
Lyu informed Pres Buhari that Nigerian officials and the project consultant would meet in two weeks to address the questions raised by President Xi for more detailed & updated feasibility and sustainability studies. He said a team had already been set up to work on the financing.
“We fully understand the importance of this project to the economic and social wellbeing of Nigeria. In two weeks, we will sit down with the parties for the economic and sustainability analysis. It would take about four weeks to conclude the update,” Lyu assured.
According to the lead contractor, “pre-commencement work,” would thereafter begin, dealing with access to site and putting in place the necessary support infrastructure such as power, water and transportation.
“Our target is to commence the project early next year,” Lyu told President Buhari shortly before his departure at the conclusion of his six-day official trip to China.