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The US Trade and Development Agency on 10 February approved a $1.1m grant to the Nigerian National Petroleum Corporation Gas and Power Investment Company to support development of a 1,350MW combined-cycle gas power plant in Abuja. The grant will fund technical, economic and financial studies for the plant which will be carried out by the US’ Continuum Associates and GE International Operations (Nigeria). The grant agreement was signed at the Nigeria International Petroleum Summit in Abuja.