Home
Latest News in Nigeria
Electricity generation to hit 12,000mw by 2016
Electricity generation to hit 12,000mw by 2016
CuteNaija
-
Tuesday, April 22, 2014
Dr Sam Amadi, Chairman, Nigeria Electricity Regulatory Commission (NERC), has said electricity generation nationwide would hit 12,000 mega watts before the end of 2016,
He disclosed this on Monday in Minna at a town hall meeting.
Amadi said that this would be made possible as the commission had issued licence to private power plant operators for generation of over 20,000 megawatts of power within the next three years.
“Life has thought us that nothing is impossible, we can make 30,000 mega watts within the next one year if we want. Already we have issued licence to investors to generate over 20,000 mega watts before 2016.
“I am sure that with all the efforts put in place, our power generation will surely surpass our target by 2016,” he said.
Amadi said that the huge foreign investment on the sector in recent time was a product of the reforms and regulations put in place by the government.
He said the power sector had been without framework without any cost related terms and inconsistency in policy that had been the order of the sector, but it was now being regulated.
“This has built confidence in investors, which in turn will boost the sector and our national generation level,” he said.
Amadi stated that the sector suffered decades of neglect and appealed for understanding.
He said that the commission has directed consumers not to pay any service charge to the distribution companies any time power was not supplied for two weeks. Click to signup for FREE news updates, latest information and hottest gists everyday
Advertise on NigerianEye.com to reach thousands of our daily users
Subscribe to:
Post Comments
(
Atom
)
See wayo govt! Before it was 2012, later it was June 2014 & now it is 2016. I hail naija & its politicians ooooooo.
ReplyDeleteNA TODAY?
ReplyDeleteVOODOO!!! Dis Dr Sam has overstayed his welcome in NERC. We've heard unrealistic dates frm dis moron b4 now, only to b setting up new dates. " We can make 30,000 mega watts of power if we want to". Hehehehehehehe, so wot has stopped u all dis while?
ReplyDeleteJohn
These people are just a bunch of lying rogues, thiefing bastards. I saw in a documentary that you can get 10,000 megawatts of electricity in a very short time with 10 billion dollars. It was successfully done in Brazil a long time ago. I am also sure that the engineering firm that does would have approached our government at one time, knowing the kind of problem we have in Nigeria. Recently, about a few days ago gov. Fashola said the fed. Govt should get the missing 20billion and use it to acquire 20,000 mega watts of elctricity. If Fashola know about this, them i am sure those thieving bastards too know. How can we be talking about 12,000 megawatts in 2016 when with 20 million dollars , we can get 20,000 in just one year?
ReplyDeleteIs he really a doctor? Who awarded him a PhD?
ReplyDeleteNigeria a country of 170 million people need about 160,000 megawatts of power supply for Nigerians to get 24 hours of electricity and i don't see that happening soon. if the can generate about 35,000 megawatts before the end of 2016 that will be a good start.
ReplyDelete