China To Finance Nigeria's Abandoned Electricity Project

The Chinese President Xi Jinping has informed
President Buhari of the willingness of his country to
finance the whole project of the Mambilla Power
Station through a special loan agreement. President
Buhari had indicated to Xi Jinping at a bilateral meeting
in New York that he wanted China to re-commence
stalled rail projects under new terms that would see
China providing nearly all the financing required. It was
at this meeting Buhari also discussed ways of
removing all obstacles in the way of the 3,050 MW
Mambila Power Station. Mambilla Power Station, one of
Africa's (and Nigeria's) biggest dam projects, is a
projected hydro power plant which will be connected to
three dams across the Donga River in Taraba State.
Conceived in 1982, the main Mambilla Dam is a large
rolled compact concrete dam and reservoir at 1,300
metres (4,300 ft) above sea level.