FG targets 7,000MW in 18 months - Osinbajo
Vice-President Yemi Osinbajo said on Monday that the Federal Government was planning to generate 7, 000 megawatts of electricity for the nation within the next 18 months. He stated this at the presentation of a book "Nigeria: The Challenges of Growth and Development, an In-Depth Analysis by Experts," held at the Trenchard Hall, University of Ibadan, Ibadan.
Osinbajo stated that power remains a major challenge the federal government had been facing and which the government was determined to solve. He said the most important part of the budget would focus on ensuring that the weak aspect of the power value chain was restored. The vice president said the nation was faced with the problem of conveying gas to the power plant, adding that the pipeline, which remained the easiest method, is frequently vandalized.
<>"Early in the life of this administration late last year and early this year, power generation was possibly at its best. "Nigeria, for the first time was actually generating 5,000megawatts, which was the first time it will happen in the history of the country."On February 14, the Forcados Export Terminal was blown off, effectively ensuring that 40 percent of our gas that goes for power is no longer used for the purpose. "This situation led to the immediate loss of 1,500 megawatts of power. It is our priority that the pipeline project is completed so that gas will be adequately supplied to the power plant," the News Agency of Nigeria quoted the vice president as saying at the forum.
He said President Muhammadu Buhari two weeks ago ordered full mobilisation of the military for the protection of pipelines in the country.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
International Vocational Centre Saadu Yusuf Minimum Wage Adamu Ibrahim Sabi Mohammed Danjuma Sola Saraki Educational Foundation Matthew Okedare Alliance For Democracy Forgo Battery Company Limited ITP Tsaragi/Share Abdulrasaq Alaro Rihanat Ajia TESCOM Dogara Third Estate Ilorin Curfew Chartered Institute Of Personnel Management Of Nigeria Yahaya Seriki Gambari Ilesha-Gwanara Sanusi Abubakar Clement Yomi Adeboye Funmilayo Oniwa Agboola Babatunde Lanre Issa Onilu Olusin Of Ijara Isin Marafan Shonga Afolayan Bashiru Makama Doyin Group Olumide Daniel Ibitoye Jamila Bio Ibrahim Sola Saraki University Zara Umar Noah Yusuf Moshood Kashimawo Abiola Moronfoye Afusat Nike Ibrahim Oyin-Zubair Ajibola Ademola Julius Veterinary Teaching Hospital Abikan Shero Radio Kwara Abubakar Olusola Saraki GANZY Irepodun COVID-19 Palliatives Ajase-Ipo Moses Salami Omoniyi Ayinla Sheikh Ariyibi Ilesha-Baruba Baruten Kwarareports.com Emir Of Shonga Mohammed Halidu Nigerian Medical Association Olusola Saraki Olomu Ilota Kazeem Gbolagade Gbadeyan Gbadura Yomi Ayinde Oki Bola Iyabo Ibiyeye Adisa Afeyin-Olukuta Ahmed Dankaya Atunwa Ademola Kiyesola NAWOJ Ilorin Durbar HAMFAT Clinic And Maternity Oko-Erin Demola Banu Abdulrahman Onikijipa Galadiman Ngeri Opaleke Bukola Iyabo

