FG ANNOUNCES TEMPORARY CLOSURE OF OWERRI AIRPORT FOR RUNWAY REHABILITATION. (PHOTO).

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 FG ANNOUNCES TEMPORARY CLOSURE OF OWERRI AIRPORT FOR RUNWAY REHABILITATION  The  Minister of Aviation and Aerospace Development, Festus Keyamo, has announced the temporary closure of the Sam Mbakwe International Cargo Airport, Owerri, to allow for major runway rehabilitation works. A statement by the  Minister says the closure has become necessary to improve safety and operational efficiency at the airport, ahead of the Christmas travel season. It adds that the rehabilitation project is a joint partnership between the Federal Government and the Imo State Government, and will involve repairs to deteriorated sections of the runway, treatment of surface cracks, filling of potholes, resurfacing, and extension works to accommodate larger aircraft. The Minister disclosed that he had earlier spoken with the Governor of Imo State, Senator Hope Uzodimma, who, along with other critical stakeholders in the South-East, agreed on the need for the temporary closure. The airport i...
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FG CONCESSIONS IKERE GORGE DAM IN OYO STATE FOR HYDROPOWER GENERATION. (PHOTO).

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 FG CONCESSIONS IKERE GORGE DAM IN OYO STATE  FOR HYDROPOWER GENERATION


The Federal Government has officially handed over the 6MW Ikere Gorge Hydropower Plant, located in Iseyin, to Messrs Quaint Power and Infrastructure Nigeria under a Public-Private Partnership (PPP) concession arrangement in Oyo State.


The Minister of Water Resources and Sanitation Prof. Joseph Utsev and Minister of Power Adebayo Adelabu performed the handover ceremony.


The Minister of Water Resources and Sanitation, described the concession as a significant milestone in the Federal Government’s drive to bridge infrastructure financing gaps and enhance sustainable power generation through private sector participation.


Prof Utsev commended the vision behind the establishment of the Infrastructure Concession Regulatory Commission (ICRC), noting its critical role in ensuring transparency, value for money, and efficiency in PPP-driven infrastructure development, emphasized the importance of leveraging private sector expertise and capital to complement public investments.

He noted that the Ikere Gorge Hydropower Plant is the product of a long-standing collaboration between the Federal Ministry of Water Resources and Sanitation and the Federal Ministry of Power, dating back to 2012, aimed at harnessing Nigeria’s hydropower potential  


The Minister of Power Adebayo Adelabu reaffirmed the Federal Government’s commitment to private sector-driven growth in the power sector, describing the handover as a new chapter in sustainable energy development. 


He noted that the Ikere Gorge Dam, initially developed for water supply and irrigation, is now being repositioned as a strategic asset for clean and renewable energy generation.

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