Engr. Abubakar Aliyu, the Minister of Power, has expressed regrets that over 13,000 megawatts underused due to lack of Investments in Nigeria’s electricity sector.
He spoke during a courtesy call by the Vice President, Power, Energy, Climate and Green Growth Complex of the African Development bank, Mr. K. Kariuki at the Ministry’s Headquarters, where he also assured consumers of improved quality of electricity
According to him,power sector has a lot of opportunities for investors varying from the Distribution, and Transmission, its challenge has left the generation of over 13,000 megawatts underused,Odutayo Oluseyi, Assistant Director, Press in the Ministry of Power,quoted the minister in a statement.
Appreciating Africa Development Bank for their intervention in certain areas of the power sector, Aliyu said Nigeria is in need of increased intervention s in the sector.
According to him, 80% megawatts come from gas,while efforts are underway to move quickly to renewable energy by the engagement of independent power producers which would ultimately increase the energy supply to the national grid.
In his earlier remarks, Vice President, Power, Energy, Climate and Green Growth Complex of the African Development bank, Mr. K. Kariuki said the AFDB appreciates the reform in the power sector in Nigeria and would be glad of its success owing to the fact that Nigeria has the largest economy in Africa and the success of the reform will be a guide for other countries to follow.
824300cookie-checkMinister Laments Nigeria’s Underused 13,000 Megawatts Of Power
