GE Chairman Jeff Immelt says that the projects will create more than 2,000 jobs in Nigeria, nearly all of them going to Nigerians. The investment includes further funding for the service workshops in Port Harcourt and Onne in Rivers State. The investment will also support the company’s power generation, oil and gas production and exploration activities.
The company has an agreement with Geometric Power for the construction of a 450 MW power plant in Aba, the commercial city of Abia State for US$500 million. In addition, a 140 MW plant, which is being built in Aba is scheduled for completion in March.