FEC approves $64.2m for Escravos power project

The Federal Executive Council (FEC) on Wednesday approved 64.2 million dollars for power supply project to communities within Escravos area of Delta State.

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu disclosed this while briefing State House correspondents after FEC meeting presided over by the Vice President, Prof. Yemi Osinbajo, in the Presidential Villa.

Escravos, which hosts two major transnational oil companies — Shell and Chevron — is located in Warri South Local Government Area of Delta State; communities therein include Ugborodu, Ogidigben, Jala, Madagho and Ajidubu.

Kachikwu said that previously, the Escravos Lagos Pipeline System (ELPS) was stopped because communities raised concerns over moving 50 per cent of gas required when the immediate community did not have power supply.

The minister said that the project was consequently, stalled for a very long time.

“Today, we approached the council to approve 64,235,644 million dollars to fund two lots.