Azura Power Project Will Boost Economy, Says Fashola

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The Minister of Power, Works and Housing, Mr. Babatunde Fashola  has listed the positive spinoffs that would result from Azura Power Plant in Benin, Edo State. He said such projects across the country are in line with current efforts by the government to achieve increased power generation to run the engine of the economy.

 

Fielding questions from newsmen after a tour of the facility, which is largely a private sector initiative, Fashola expressed pleasure at the progress of work on the site and said spinoffs such as supply of materials, and employment of members of the local community were positive signs that the efforts of government are impacting positively on the people.

The minister, who recalled that the approvals and agreements required by the private companies to source for funds for the project could not be signed for more than one year before the current administration assumed office, commended President Muhammadu Buhari for finally signing the required approvals which enabled the investors to commence construction. He added that since construction work started, there has been visible positive impact especially on the host community.

Fashola ‘s Special Adviser on Communications, Mr. Hakeem Bello made this known in a statement yesterday.

Speaking about the positive spinoffs of the project on the host community, Fashola described it as “a very strong and positive sign of the impact of the decision of Mr. President” who, according to him, “directed that all the approvals necessary in carrying out this project be given immediately after he took office.

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