Power: Cross River Signs MoU for 1GW Solar Plant
The Cross River State Government says it has signed a memorandum of understanding for the establishment of a 1Gigawatt solar photovoltaic manufacturing plant in the state.
The plant, according to the Cross River State Commissioner for Information, Mr. Erasmus Ekpang, will be located at the Free Trade Zone in Calabar, the state capital.
Ekpang said the state has also attracted €100million investment for the restoration of 57,000 hectares of degraded mangroves in the State.
These were some of the milestones achieved by Governor Bassey Edet Otu-led administration in the last seven months, as listed at the 19th meeting of the Cross River State executive council.
The achievements are,
- “Signed an MOU for the establishment of a 1GW Solar PV Manufacturing Plant to be located at the Free Trade Zone.
- “Attracted 100 million Euros Investment for the restoration of 57,000 hectares of degraded mangroves in the State, amongst many other achievements.
- “Aggressive elevation of the State oil palm production status with the development of 3.5Million oil palm seedlings nurseries in 13 designated locations across the State.
- “Commenced the single largest agricultural productivity reform with the launch of the transparent and digitally managed N30 billion commercial agric development fund called “Project Grow”.
- “To promote all-year-round agricultural production, the administration approved the Cross River State-Wide Irrigation Infrastructure Development Project.
- “Approved the rehabilitation and maintenance of the 1.9 kilometres heavily trafficked Esuk Utan Road, leading to the NNPC Depot and other tank farms with the intention to dualize, increase and strengthen the carriageway and proper drainage construction.”
Ekpang further said Governor Otu was embarking on an aggressive drive to reduce fiscal wastage and subsidize productivity in a manner that will foster long-term prosperity as well as other bold reforms that are intentionally dealing with the fundamentals from bottom to top approach.
