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LequteMan
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Vice President Yemi Osinbajo has revealed what the Buhari-led administration is going to do to arrest epileptic power supply in the country, PREMIUM TIMES reports.
Speaking at the 10th Anniversary of Crescent University, Abeokuta, Osinbajo said the government will maintain Nigeria’s current 13, 000 megawatts generating capacity, and would work to increase the transmission capacity which he said currently stands at 5, 000 megawatts.
“The 10% GDP growth annually cannot happen until we increase the supply in power sector. While we will maintain the generating capacity which stands at 13, 000 megawatts, we must also increase the transmission capacity which currently stands at 5, 000 megawatts, without that, it doesn’t matter the number of megawatts we generate.
“We must improve the generating capacity and also improve the evacuating capacity. The gas is there but the infrastructure that can transmit the gas is not in place, we observe that the project has been awarded for long but not completed; we will ensure the completion of the infrastructures while we also look at the privatization of the transmission,” he said.
He also assured that the current administration will deliver on its campaign promises.
Speaking at the 10th Anniversary of Crescent University, Abeokuta, Osinbajo said the government will maintain Nigeria’s current 13, 000 megawatts generating capacity, and would work to increase the transmission capacity which he said currently stands at 5, 000 megawatts.
“The 10% GDP growth annually cannot happen until we increase the supply in power sector. While we will maintain the generating capacity which stands at 13, 000 megawatts, we must also increase the transmission capacity which currently stands at 5, 000 megawatts, without that, it doesn’t matter the number of megawatts we generate.
“We must improve the generating capacity and also improve the evacuating capacity. The gas is there but the infrastructure that can transmit the gas is not in place, we observe that the project has been awarded for long but not completed; we will ensure the completion of the infrastructures while we also look at the privatization of the transmission,” he said.
He also assured that the current administration will deliver on its campaign promises.