By Chijioke Ohuocha and Svetlana Burmistrova LAGOS/MOSCOW (Reuters) - Nigeria is in talks with Russia's state-owned Rosatom to build nuclear power plants, as Africa's most populous nation tries to end of decades of blackouts that has blighted its economy. Africa's biggest economy has no experience in developing and operating nuclear power plants but has a gamma facility and small reactors producing around 30 kilowatts for research, Franklin Erepamo Osaisai, chief executive of the Nigeria Atomic Energy Commission said on its website, adding that nuclear power will guarantee long-term energy supply. "We have an intergovernmental agreement with Nigeria, but no concrete decisions have been made," a Rosatom spokesman said. One nuclear power plant costs between $5 billion to $8 billion, a source at the company said. 80 percent of Nigeria's power plants are gas-fired. Rosatom has a contract to build a new plant in Hungary and has agreed to build reactors in India and Kazakhstan. It is also planning to build more reactors in Iran in addition to the Russia-built Bushehr plant, Iran's first nuclear facility, launched there in 2011. Rosatom's investment programme, sourced from the state budget, allows it to spend about $300 - $350 billion per year to build nuclear plants in Russia and abroad, a business that has been hit by global safety concerns after the 2011 Fukushima nuclear disaster. Nigeria, with a population of around 170 million, has installed power capacity that fluctuates between around 6,000 to just over 7,000 MW, according to the transmission company. South Africa's capacity is almost seven times greater for a population less than a third as big. Nigeria broke up its monopoly on power generation and distribution by privatising the sector two-years ago, hoping to attract foreign investors. But the amount of power produced has stagnated at around half total capacity. Some of the older plants, sold in October 2013, are in dire need of an upgrade while the fledgling generating firms lacking the cash as distributors struggle with non-paying consumers and inadequate gas supplies required to keep the plants running.
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting
Heidi Klum's Curves Are Barely Contained by Her Bodysuit in This Impressive New Weight Lifting Photo
Heidi Klum does it again! She’s kicking off the week with her latest nearly nude photo that’s also a throwback from a magazine shoot she did when she was 36 years old. It doesn’t matter that almost 12 years have passed since this image was taken, she looks just as fabulous in 2021. The black-and-white […]
- Hoops Hype
Michelle Beadle has further elaborated on the idea that LeBron James wanted her fired from ESPN. In November, on her own podcast, Beadle said that she found out that James tried to get her axed. This week, Beadle went on the "House of Strauss" ...
Defensive backs Micah Hyde and Jordan Poyer accused TV journalist Jerry Sullivan of lacking respect.
This Man Peed Out A Kidney Stone, His Girlfriend Shared It Online, And It Has Unlocked A New Fear For Millions Of People
"I never knew kidney stones could be so evil..."View Entire Post ›
- Celtics Wire
Celtics trade two veterans and a young wing to secure the team’s third star in new B/R trade proposal
It's not implausible, and we'd have to think about this one a while before making a decision.
- Niners Wire
The #49ers are down to one (1) healthy running back after Sunday's game.
While the British media have played up the rivalry between Kate Middleton and Meghan Markle for years now, a new book is shedding some light on the fact that they really do have kind things to say about each other behind closed doors. Christopher Andersen’s Brothers and Wives: Inside the Private Lives of William, Kate, Harry, […]
- ProFootball Talk on NBC Sports
The Ravens employed a little-used strategy in Sunday’s loss to the Steelers, having safety Chuck Clark intentionally jump offside late in the game. But Ravens coach John Harbaugh didn’t want to talk about it. “I don’t need to get into the strategy of it all,” Harbaugh said. “But sometimes, it is, [and] sometimes, it isn’t.” [more]
- E! News
Before Jordan Turpin managed to escape in 2018, she and her 12 siblings were living in squalid captivity in their family's Perris, Calif., home, as suburban life went on right outside the door.
“Being trans has not affected my ability to do this sport and being able to continue is very rewarding," she said.
Verstappen says that Formula 1 becoming more about rules than racing.
- NBC Sports Boston
Patriots head coach Bill Belichick trolled the Bills with a quote during his Tuesday morning interview on WEEI.
- Patriots Wire
Jake Bailey, one of the league's best punters, sent this ball a whopping 15 yards.
- Road & Track
That sounded expensive.
- Atlanta Black Star
Two Teens Charged In the Death of Their Spanish Teacher Asked to be Released Under The Supervision of Their Parents, An Iowa Judge Said Not So Fast
An Iowa judge will keep the bond for two teenagers charged with first-degree murder and conspiracy to commit murder in the death of their Spanish […]
- Men's Health
As more people are embracing ethical non-monogamy, learn whether polyamory, open relationships, and/or swinging are right for you.
- Charlotte Observer
One case, in Mooresville, led to the arrest of an Xfinity car chief.
- Sixers Wire
Philadelphia 76ers legend Allen Iverson reveals his all-time starting lineup in NBA history.
- Longhorns Wire
One of the most intriguing positions in the portal right now.
Shields reflected on her now-infamous 1980 Calvin Klein jeans campaign, which came under fire at the time for its perceived sexual innuendo