By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AIT LIVEAIT LIVEAIT LIVE
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Font ResizerAa
Font ResizerAa
AIT LIVEAIT LIVE
Search AIT
  • Live TV
  • Politics
  • National News
  • Business
  • Sports
  • Tech
  • Entertainment
  • Global
  • Videos
Follow US

EFCC probes $6bn Mambilla Power Project

Last updated: November 1, 2022 8:53 pm
4 years ago
Share
2 Min Read
EFCC
Mambilla Power Project

The Economic and Financial Crimes Commission (EFCC) has launched investigation into $6 billion Mambilla Power Project after years of appropriation with nothing to show for it by the National Assembly.

The Minister of Power, Abubakar Aliyu made this known when he appeared before the Senate Committee on Power to defend the 2023 budget.

The Minister said the Ministry has met with stakeholders and all issues of concern are currently been resolved, adding that the issue of litigation on the Mambilla power project has hampered the project.

The Chairman of the Committee on Power, Gabriel Suswan had raised concern over the Mambilla Power Project, pointing out that despite years of huge allocations for the project, it remains a mirage with nothing on ground .

Also Read: Cybercrime: EFCC arrests Kogi Assembly candidate over N1. 4b bank fraud

He lamented that the long awaited Mambilla power project will not be able to commence operation before the end of the current administration.

The Minister of Power presented a budget of N250 billion for the Ministry.

The Senate subsequently summoned the Minister of Finance, Zainab Ahmed to give explanation on new insertions in the budget of the Ministry of Power for the power project.

(Editor, Omor Bazuaye).

Share This Article
Facebook Twitter Whatsapp Whatsapp Email Print

RSS APO Group – Africa-Newsroom: latest news releases related to Africa

  • How the Product Leadership Accelerator (PLA) is Re-Engineering African Enterprises for a Digital-First Economy May 20, 2026
  • Congo’s Minister Onanga to Fast-Track Deals, Drive Local Content and Expand Floating Liquefied Natural Gas (FLNG) in New Investment Push May 20, 2026
  • PayPal Brings PayPal USD to Users Across 70 Markets Worldwide and Expands Access in Africa May 20, 2026
  • Afreximbank Extends USD 15 Million Facility to Ecobank Zimbabwe Limited to Support Small and Medium Enterprises (SME) Participation in Export Value Chains May 20, 2026
  • Africa Centres for Disease Control and Prevention (Africa CDC) Welcomes South Africa’s US$2.5 Million Contribution to Support the Ebola Response May 20, 2026

Trending

Insecurity
Coalition of Northern Youths threaten mass action over insecurity
Local
aitlive 1 33
President Tinubu vows to end Nigeria’s reliance on borrowing, targets 18% rise in Tax to GDP ratio
Economy Headlines
AIT IMAGES 4
Zamfara Govt. Pledges To Prioritise Girl-Child Education
Local
aitlive 3 5
NAPTIP rescues 12-year-old girl forced into marriage in Benue State
Local
aitlive 7 1
Tinubu Meets Ayim, Metuh At Presidential Villa
Local

Section

  • Headlines
  • Local
  • Business
  • Politics
  • Sports
  • Crime
  • Education
  • Health
  • Entertainment

Programmes

  • Kakaaki
  • Focus Nigeria
  • Democracy Today
  • People Politics and Power
  • News Hour
  • AIT Reports
  • World News
  • Moneyline With Nancy
  • Jigsaw

About Us

  • About AIT
  • Our History
  • Our Awards
  • Our Values
  • Privacy Policy


Follow US
© AIT.LIVE. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

THE MOST IMPORTANT NEWS HEADLINE AND EVENT OF THE DAY

Subscribe to our mailing list to receive daily news update direct in your inbox!

Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?