By our correspondent
A Bauchi state government delegation has arrived China to sign a partnership agreement worth $27.5 billion investment in solid minerals to explore selected minerals and establish a Pithead Power Plant project that will contribute 3,500 megawatts of electricity to the National grid in partnership with a Chinese consortium of investors.
A press statement issued by the press secretary to Governor Mohammed Abubakar, Abubakar Al-Sadique, stated that the governor disclosed this while presenting his scorecard in the second-year anniversary of his administration.
The statement which quoted Governor Abubakar of as saying his administration had delivered given the paucity of resources, unrealistic monthly wage bill of over N5 billion and corruption in the system, revealed that the projects when completed would generate 10,000 direct and indirect employments to unemployed youth in the state.
He said a special purpose vehicle, the Bauchi Mining Synergy and Exploration Limited, had been established to serve as framework for Public-Private-Partnership to acquire mining rights of virgin minerals terrain and take over all viable titles that failed to meet the Mineral and Mining Act of 2007 requirement.
Abubakar noted that in an effort to maintain security in the state, the state government in the last two years provided 624 hectares of land and paid compensation worth over N400 million for the establishment of the Nigerian Air Force Base in the state which provided employment opportunities to the people.
