Nigeria announces 2.5 billion dollars energy project

Nigerian President Olusegun Obasanjo has announced a 2.5-billion-dollar Special Energy Project designed to improve the energy sector by 2007 in Africa’s top oil producer.

In a letter dated September 9 and read by Senate President Ken Nnamani to Tuesday’s plenary, Obasanjo said the project was ” designed to address the energy problems on all sides: generation, transmission, distribution and gas supply.”