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Hope rises for Ibom Deep Seaport as procurement process begins

There are indications that the construction of the Ibom Deep Seaport (IDSP) will soon start following the advertisement of the Request for Qualification (RFQ) from reputable private sector port operators in partnership with the Akwa Ibom State Government and the Federal Government.

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N/Assembly, stakeholders extend local content to construction, power sectors

MEMBERS of the  House of Representatives are collaborating with  stakeholders in Power, Construction and Information Communication Technology sectors toward extending the Nigerian Content Act to the three sectors of the economy. The collaboration was firmed up at the recent workshop organized by the Nigerian Content Development and Monitoring Board (NCDMB) for members of the House of Representatives Committee on Local Content, in Port Harcourt, Rivers State.

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Egbin power targets additional 1800MW under phase 2 expansion plan

MANAGEMENT of Egbin Power Plc, has restated its commitment to fast track its planned investments in additional gas pipelines, the proposed Floating Storage and Regasification Unit (FSRU) project for the Egbin Phase 2 project with an estimated capacity of between 1,350 Megawatts, MW, and 1800MW using modern technologies as well as the deployment of renewable energy sources to boost the plant’s productivity.

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