Dangote, Black Rhino confirm investment in Nigerian electricity projects

Dangote, Black Rhino confirm investment in Nigerian electricity projects
March 8, 2016 Advocaat Law Practice

Black Rhino Group a portfolio company of Blackstone Energy and Dangote Industries have confirmed that they are investing US$5bn each towards the construction of a coal power plant and a solar energy project in Kano, whereby the coal project and the solar power project will produce about 1,000MW and 100MW respectively.

The two partners will as well execute a gas pipeline project from Akwa Ibom to South west Nigeria.The gas project from the South East to Western Nigeria will stretch all the way to Ghana addressing the energy needs of industries within the region, particularly those under the Dangote group.