The Nigerian Electricity Regulatory Commission (NERC) yesterday granted the Cross River State Government a power generation license for the construction of a 528MW floating power plant in the state, The Nation reports.
The license was handed over to a delegation from Cross River led by the state governor, Professor Ben Ayade in a brief ceremony at the Commission’s headquarters in Abuja. The vice chairman of the commission, Mr Sanusi Garba commended Governor Ayade for providing the enabling environment for investors to invest in the state.
“I would like to commend Governor Ayade for providing the enabling environment for investors like MGIG to invest in power generation. Cross River is endowed with lots of natural resources which enables her to play a central role in the power sector,” he said.
Governor Ben Ayade on his own part commended NERC for its capacity and professionalism while processing the license. He said adequate supply of power is central to the industrialization policy of his administration and promised to assist NERC in carrying out its statutory functions.
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