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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