FG targets 7,000MW in 18 months - Osinbajo

Date: 2016-05-03

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.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Abdulhakeem Adelaja Amao     MATTA Girls Foundation     Jumoke Monsura Gafar     Abdulfatai Salman Baakini     Basit Olatunji     Ahmed Mohammed Rifun     Damilola Yusuf Adelodun     Pius Abioje     Zainab Abass     Sola Saraki Educational Foundation     Metro Park     Akom Construction And Engineering Synergy Ltd     Saliu Shola Taofeek     Bilikisu Gambari     Musa Alhassan Buge     Ahmed Saidu Rufai     Jare Olatundun     Idi-Ape     Ibrahim Issa Jetti     College Of Education     Oke-Ode     08001000100     Oro Grammar School Old Students Association     Oja-Oba     Gbugbu International Market     Arinola Lawal     Isiaka AbdulRazaq     KWTV     Yusuf Ibitokun Sherifat     Atiku Abubakar     First Lady     Ayodele Kuburat Olaosebikan     Abdulbaqi Jimoh     Ilesha-Baruba-Gwanara     Ogbondoroko     Saka Saadu     Ahman Pategi     Abdulrahman Onikijipa     Okin Biscuits     Cassava Growers\' Association     Mufutau Gbadamosi Esuwoye     Sulyman Atolagbe Alege     Kamaldeen Gambari     Baaziki Sulaiman     Towobola Abdulrahman Toyin     Muhammad Akande Olarewaju Odunade     Nurudeen Mohammed     Issa Oloruntogun     AbdulRazaq Jiddah     Hassan Abdulazeez Elewu     Forgo Battery     Kehinde Boyede     Olokoba Abdullahi Ayinla     Folorunsho Alao     Belgore     Rafiu Ajakaye     Raimi Iyanda     Frootify     Bello Taoheed Abubakar     Dasuki Belgore     Wahab Egbewole     Bolaji Gambari     Bursary     Ayedun     Bamidele Adegoke     Shuaib Jawondo     Taofik Abiodun Ahmed     Suleman Abubakar     Aminu Adisa Logun     Zubair Folorunsho Erubu     Bisi Oyeleke     Busari Toyin Isiaka     Sardauna     Abdul-Rahoof Bello     AGM Professional Services     Suleiman Idris     Imodoye Writer’s Enclave    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Moshood Mustapha     David Oyedepo     NaAllah     Government High School Adeta     PharmAccess Foundation     Owo Arugbo     Balogun-Ojomu     Olusin Of Ijara Isin     Maigida Soludero Transit     Forgo Battery Company Limited     TIC     SWAN     Isiaka Saka Opobiyi     Kupchi Hosea Maxwell     Aliyu Muhammad Saifudeen     Firdaos Amasa     Kwara State Council Of Chiefs     Isa Aremu     Amos Bajeh     Mahmud Babatunde Baker     Ibrahim Sulu Gambari     Omotoso     Mahmud Ajeigbe     Sa\'adu Salau     Esinniobiwa Quareeb     Alaiye     Edret Sabi Abel     Ibrahim Taiwo     Leke Ogungbe     Pakata     Saheed Akinwumi     Tunji Olawuyi     Ilorin General Hospital     Markaz Arabic And Islamic Training Institute, Agege     Alabere     Sambo Murtala     Fatai Olodo     Olatunde Jare     Read With Me     Rabiu Kwankwaso     Federal Neuro-Psychiatric Hospital     Jeunkunu-Malete-Bani     Ilorin Anchor Men And Women     Ghali Alaaya     Eleja Taiwo Banu     Elerinjare-Ibobo     Raymond Olaitan     Abdulkadir Orire     NTA Ilorin     Al-Adaby     Abdulrasheed Akogun     Aso Ofi     Hassan A. Saliu     Salake     Ahman Patigi     Ibrahim Abduquadri Abikan     Sabi     Jimoh Lambe Abdulkareem     Hydro-electric Power Producing Areas Development Commission     Abubakar Abdulraheem     UNILORIN Alumni Association     Yusuf Badmus     Omu-aran     Omoniyi Ayinla     Joseph Offorjama     National Democratic Congress     Balogun Fulani     SWAN     Toyin Falola     NITDA     PPS     Ibrahim Agboola Gambari     Katibi Ibraheem Adeola     Yomi Adeboye     Fatai Adeniyi Garba     Magaji Erubu     Sobi Hill