The Chief Executive Officer of GE Nigeria, Lazarus Angbazo, has said that the firm would effectively commence the manufacturing of gas turbines, compressors and pumps, as well as other heavy duty equipment by the first quarter of 2018, Daily Trust reports.
He disclosed this at the Calabar Free Trade Zone (CFTZ) when the US Ambassador to Nigeria, James Entwistle inspected the plant and also said the investment, over the next five years, was aimed at strengthening GE’s local presence in Nigeria, thereby enabling them to create more direct and indirect jobs and technology transfer in country.
Angbazo, added that GE would further inject another $250 million to make Nigeria a regional hub for GE products and services, including equipment for oil and gas exploration.
Source: Energy Mix Report
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