Monday, 14 January 2013

FG to Spend $400m on Trans-Africa Gas Pipeline Project

The Acting Director General, Infrastructure Concession and Regulatory Commission (ICRC), Mr. Ghaji Bello has stated that the Federal Government would commit $400 million into the Trans-Africa Gas Pipeline project. He said the project which would run from Nigeria to Algeria, is expected to be completed in 2018,
Bello made the disclosure in Abuja at a two- day Technical Workshop on Presidential Infrastructure Champion Initiative (PICI) organised by the New Partnership for Africa’s Development, (NEPAD) with the theme: “PICI: A Panacea for Sustainable Growth and Development in Africa.’
The project, according to Bello, runs through several African countries and is expected to boost the economic activities of the areas and increase intra-Africa regional trade.

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