Nigeria has signed an agreement with a
Russian firm, Rosatom, to build four
nuclear power plants in the
country valued
at $80 billion, about N16 trillion.
The power plants which will have a
combined capacity of 4,800 megawatts, are
expected to come on stream between 2025
and 2035.
Speaking at a forum in Kenya Tuesday, Mr.
Franklin Erepamo Osaisai, Chairman/Chief
Executive Officer, Nigeria Atomic Energy
Commission, said the building of the
nuclear plants would be financed by
Rosatom, which will then build, own,
operate and transfer the plants to the
government and people of Nigeria after a
number of years.
