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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe North Core project is expected to enable Nigeria, through its power generation companies (GenCos), to sell its surplus electrical power to four countries namely Niger, Benin, Burkina Faso and Togo. this project is financed to the tune of $ 570 million by the World Bank (WB), the French Development Agency (AFD) and the African Development Bank (AfDB). The Acting Chief Executive Officer of the Transmission Company of Nigeria (TNC) and Chairman of the Executive Board of the West African Power Pool (WAPP), Sule Abdulaziz announced on June 9 in Abuja that the construction of the 330 kilovolt line with a length of 875 kilometers should be completed within 2 years. "The energy we are going to sell is the energy that is not needed in Nigeria. The generators that will power this transmission line will generate this energy specifically for this project. So it's unused energy," he said.
Newing already sells electricity to Benin, Togo and Niger under an international treaty. Regularly, the country threatens to end the supply of these countries for non-payment.
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