Free weekly newsletter
Get the free weekly contract digest
The new new contracts, who’s behind them, and what they mean — delivered to your inbox every week. No credit card, unsubscribe anytime.
Weekly Digest
New new contracts, summarized for you
Straight to Inbox
No login, no app to check — it comes to you
Contract Trends
See who's moving and how much in your market
No credit card required Weekly contract digest
FEC Authorizes €161.3m Contract for Electricity Substations Upgrade in Nigeria
Dec 17, 2024•over 1 year ago
Contract Type
contract
Description
The Federal Executive Council (FEC) has approved the allocation of 161.3 million Euros for the enhancement of various electricity substations in Nigeria under phase one of the Presidential power initiative. The contract includes the engineering procurement, construction, and financing for the upgrading of 330/132 KV and 132/33 KV substations to improve the transmission segment across the country.
Agreement Insights
Based on industry dataContract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months