Bauchi Gov Signs 70 Million Dollar Investment MoU With UK Firm


Example HTML page

Bauchi Gov Signs 70 Million Dollar Investment MoU With UK Firm

By Haruna Mohammed Bauchi

Governor Bala Abdulkadir Mohammed of Bauchi state has on Friday evening signed a Memorandum of Understanding with PowerDot, a UK based energy firm on provision of affordable uninterrupted electricity through incineration of municipal solid waste to energy at an affordable cost.

The Memorandum of Understanding which is a seventy million dollar investment covered provision of ten megawatts of power through waste.

Speaking shortly after signing the MoU at the Mini Chamber, Government House, Bauchi, Governor Bala Mohammed pledged to provide the required support for the smooth execution of the firm’s project in the state.

The governor who assured the firm of its investment’ s protection in the state, observed that, the initiative will enhance internally generated revenue, create employment opportunities in addition to bringing industrialisation to the state.

“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.”

“This MoU that we have signed to provide 10 megawatts of power through waste is key towards providing good governance.”

Governor Bala Mohammed declared the interest of his administration was to continue to partner with the federal government to comply with power regulations to harness enough waste that abound in the state.

In a remark, the Group Managing Director of the United Kingdom based firm, Ambassador Anthony Esere said Bauchi state is the second in the entire Africa to benefit from such investment from the organisation.

Ambassador Anthony Esere who said the firm will commence work in the state on March this year, noted that, the initiative will bring positive development to the state.

“Your Excellency, our organisation is very pleased to be in Bauchi state to bring investment of 70 million dollars.”

The Chairman, House of Assembly Committee on Environment and Forestry, Honorable Musa Wakili Nakwada described the initiative as a welcome development and timely investment to the state.

Earlier, the Director General, Bauchi State Environmental Protection Agency (BASEPA), Dr Ibrahim Kabir said the investment would go along way in boosting critical sectors of the economy including, power and environment.



Please enter your comment!
Please enter your name here