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Nigeria's Alaoji power plant delayed to Q3 2027; states reject $9 billion in subsidy deductions over transparency concerns.
The Niger Delta Power Holding Company expects Nigeria's 570 MW Alaoji power plant to be completed by the third quarter of 2027, delayed from the original 2026 target due to contractor issues, but now progressing with a revised recovery plan and full funding.
Meanwhile, state governments in the FAAC Postmortem Sub-Committee have rejected proposed N3.6 trillion in deductions from the Federation Account for power subsidies, citing transparency, constitutional, and budgetary concerns, and calling for full revenue remittance, real-time data systems, forensic audits, and stronger oversight of oil-backed borrowing and NNPC operations.
La central eléctrica Alaoji de Nigeria se retrasó hasta el tercer trimestre de 2027; los estados rechazan $ 9 mil millones en deducciones de subsidios por preocupaciones de transparencia.