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8 May 2009 A Saudi Arabian company, Arabian
Company for Water and Power (ACWA), has disclosed the
intention to partner with the Northern Nigerian
conglomerate, New Nigeria Development Company (NNDC)
to build plant for power generation in the region.
The Vice President, Business Development section of
the group, Mr. Stephone Bontepps who stated this when
he led a high powered delegation to the corporate
headquarters of the NNDC in Kaduna said the company
came to the country to contribute in solving the power
generation problem.
In four years, he said the company succeeded in
generating 6000 mega watts of electricity in Saudi
Arabia and that its capital base presently stood at
$12 billion. "We are only interested in power
generation and we are going to assist the Nigerian
government and other interested private companies to
build plant and we are going to source for the funds
of the projects internationally," he said.
Earlier in his address, the Group Managing Director
of NNDC, Alhaji Aliyu Alkali thanked the company for
their willingness to partner with the NNDC in power
generation and assured them that they would not regret
partnering with them. " We have never failed in our
partnership agreement and we are not going to fail you
people if we go into partnership we have always
struggled to fulfill our own side of the agreement and
that is why our reputation is outstanding ," he said.
On the profile of the NNDC, he said the company had
diversified its activities to cut across many sectors
including oil and gas, telecommunication, housing and
minerals development.
While lamenting that the company's returns in the
textile industry had dwindled, he said NNDC
investments in unquoted companies across the country
was immeasurable.
Northern Education Needs
Attention
Meanwhile, in a separate development, the Emir of
Dutse, Alhaji Nuhu Muhammadu Sanusi has urged
governors in the northern states to pay more attention
to the educational sector, saying the level of
education in the north is very poor.
Receiving the Northern Commissioners of Education
Forum in his palace yesterday, the emir said; "Our
position on education, you know better than me, is a
precarious one. We have suffered enough. It is a big
shame on all of us that despite years of western
civilization, the northern region cannot compete with
the south."
Sanusi told the northern governors to stop tying
the problem to the dilapidation of schools, saying
that had nothing to do with the quality of education.
He pointed out that what the north was lacking was
qualified teachers, and urged the governors to start
recruiting foreign teachers.
He added that education has no boundary. Declaring
the meeting open, Governor Sule Lamido urged the Forum
to exploit the commitment of the northern governors to
turn around the poor state of education in the north.
Lamido said Jigawa State was committed to the
development of education. |