Business Nigeria: VP Osinbajo to Ensure Power Generation Hits 5000MW in December

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Nigeria has set a target of achieving 5000MW power generation by the end of the year 2015.

Government had achieved an all-time peak of 4,662mw in July.

This translates to 29 per cent increase in the first six weeks of Muhammadu Buhari administration.

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This was revealed after the National Economic Council (NEC) on Thursday, chaired by Vice President Yemi Osinbajo with many governors and deputy governors as well as the Central Bank (CBN Governor, Godwin Emefiele, in attendance.

According to governors Mohammed Badaru (Jigawa), Ibikunle Amosun (Ogun), Willie Obiano (Anambra) and Abdufattah Ahmed (Kwara), who briefed journalists at the end of the meeting, the Vice-President would closely monitor the steps being taken to ensure that the quantum of electricity supply remains on the increase so as to meet the target.

Badaru said particular attention was being paid to improving transmission/distribution so that the generated energy could eventually reach the consumers.


Daily Independent
 
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