Happy New Year 2024 to all our members and visitors! Our Forum is Now Back Online After Some Critical Upgrade- We Apologize for the inaccessibility Period! Thank You all. CORONAVIRUS safety tips from Admin! 1. Watch your hands with running water 2. Dont cough in your hands 3. Keep distance from people 4. Stay indoor if neccessary!! Stay safe !!! Dear Members,Do you know that naijacrux is fully programmed to serve you better, Do you know that you can share your favorite post on naijacrux with friends on twitter,facebook, googleplus,myspace and many more! To share post on naijacrux with friends and family on twitter, facebook,googleplus,myspace,and many more, scroll to the down page of the post, Click on the Social Icon You Want To Share On To Share.


Author Topic: Why poor electricity is still a problem in Nigeria - Nigerian Minister of Power  (Read 1591 times)

0 Members and 1 Guest are viewing this topic.

Offline guruslodge

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1020
  • Karma: +0/-0
Loading...


The Minister of Power; Works and Housing, Raji Fashola, has blamed inadequate electricity supply to consumers on lack of sufficient financial investments in the power sector.



He stated this at the weekend during a chat with the media in Abuja.


According to Fashola, although the country has expended what may appear sizeable, the money so far spent was inadequate to address the current challenges.

He also noted that in spite of the already installed 12,000MW power capacity, the country is only enjoying about 6,000MW because of sabotage resulting from broken gas pipelines, poor planning of gas supply and evacuation.

The Minister said: “When I hear that we have spent a lot of money on the power sector, I say that we haven’t spent enough money and that is why we are still talking about the need for investments to come in. Yes, what we have spent may look sizeable but it doesn’t provide enough power for our consumption as a nation.

“But I must say that what some people have said about federal government spending on the power sector is not accurate – maybe because we think in our native language and speak in English.

“People say ‘Oh, we spend money but there is nothing to show for it.’ There is something to show for it. The plants are there.

“The total installed capacity that the nation can look forward to today is 12,000MW. That is what we bought with our money – that is the installed capacity.

“However, the plants are not producing 12,000MW of power because either pipelines are broken, or gas supply was not properly planned or because evacuation was not properly planned. Those are the challenges that we have responsibility now to deal with.

“What we haven’t gotten is the optimum efficiency that these power plants can deliver.”

Fashola further blamed the ignorance of Nigerians about the economics of power as being responsible the huge electricity bills owed by many households and government formations.

“I think that we have perhaps not fully understood the economics of power as a nation. That is why you probably see that even Ministries, Departments, and Agencies of government formations owe power bills. They don’t owe telephone bills. That speaks about the importance that we ascribe to them,” he added.


 

 

United States builds wall at Nigeria-Niger border in move against Boko Haram

Started by mastercode

Replies: 0
Views: 1638
Last post September 19, 2015, 12:02:07 PM
by mastercode
Port Harcourt, Warri refineries commence preliminary operations ? Nigeria NNPC

Started by mastercode

Replies: 0
Views: 2147
Last post July 30, 2015, 03:04:31 AM
by mastercode
Dangote Group refinery vows to end crisis as Fuel scarcity looms in Nigeria

Started by newspostng

Replies: 0
Views: 1989
Last post March 30, 2016, 08:34:05 PM
by newspostng
Nigeria Fuel scarcity-Kachikwu tells IPMAN ,Be patriotic,Nigerians are suffering

Started by internet police

Replies: 0
Views: 1858
Last post April 01, 2016, 09:28:09 AM
by internet police
Fuel scarcity looms again in Nigeria as marketers begins regular December issues

Started by punch

Replies: 0
Views: 12247
Last post December 03, 2018, 01:12:16 AM
by punch