New Coal Found In Edo State To Boost Power Sector

A group of indigenous mineral explorers have discovered 196mn metric tones  of coal in Edo State. With the new discovered coal reserves, 1,200MW of power could be generated into Nigeria’s national grid, according a report by African review. The 35km-long reserve has a generation capacity of 1,200MW for the next 50 years, which could sufficiently mitigate Nigeria’s ongoing power problems, said members of the technical team of
Jidet Nigeria, which revealed the findings. Head of company’s technical team Olujide Pocon Tajudeen-Alan stated that the construction of power generation facilities could cost around USD 1-5billion.

Special adviser on renewable energy to the Nigerian power ministry Albert Okorogu said that the discovery of coal was wonderful, since Edo state was conventionally not known to possess coal reserves. ‘The Ministry will do all it can in ensuring that they move from mining coal to using it to generate power,’’ he said. Jidet Nigeria, according to the report, has met with the power  ministry in Abuja to discuss the best ways to attract technical partners and financiers with a view to actualise the project.

 ‘’We want to commence the application and processing of licenses to officially enter the power sector.

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