Russian state corporation, Rosatom and the Egyptian government signed a deal on Thursday to build Egypt's first nuclear power plant in a deal estimated at 20 billion dollars.
``With this signing we have taken the first step to fulfilling Egypt's dream of peaceful nuclear power,' Egyptian President Abdel-Fattah al-Sissi said at the signing ceremony.
The facility is planned to be built over 12 years in the north-western Egyptian region of El Dabaa and consist of four reactors, each capable of producing 1,200 megawatts of power.
The surveying work for the construction is expected to begin in December and Russia will begin training Egyptian nuclear workers for the facility in 2016.
Previously, Russia helped Iran construct its first civilian nuclear power plant, near the south-western city of Bushehr.
Russia turned over operational control of that plant in 2013 and clinched a deal 2014 to build an additional two reactors at the facility.
The Economic and Financial Crimes Commission (EFCC) yesterday interrogated former Governor of Akwa Ibom State Godswill Akpabio over allegation of financial crimes. Daily Trust gathered that Akpabio honoured the invitation by the anti-graft agency to explain allegations of looting of the state’s funds during his tenure. Sources told our correspondent that Senator Akpabio was being interrogated late yesterday evening at the Abuja head offices of the Commission. He was spotted at the EFFC office in company of a Senior Advocate of Nigeria, Rickey Tarfa, at about 5:20pm. Akpabio’s arrest yesterday is fallout of the petition by an Abuja-based lawyer and activist, Leo Ekpenyong, who had on June 8 this year petitioned President Muhammadu Buhari and the EFCC, calling for Senator Akpabio’s probe and accusing him of looting. The petitioner had earlier on Wednesday adopted his petition and provided more details to the anti-graft agency on the allegations against the minority leader of People...
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