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Nigeria signs $1.3 billion power plant deal with China

ABUJA (Reuters) - Nigeria has signed a deal for Chinese state companies to build a $1.3 billion power plant, the finance ministry said on Sunday, part of efforts to end chronic electricity shortages that are a major brake on growth. Nigeria produces only a few hours of electricity a day, forcing those who can afford it to rely on expensive diesel generators that drain billions of dollars from ...
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Added September 29, 2013
from Yahoo Nigerian News