Fashola Makes Positive Projection for Electricity Generation

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The Minister of Power, Works and Housing, Batunde Fashola has assured Nigerians that the nation’s power generating capacity will be above 6000mW by the end of 2016.

The Minister made the disclosure on Thursday in Abuja when he met with a delegation from the International Monetary Fund, (IMF).

Fashola, who was represented by the Minister of State, Power, Works and Housing, Hon. Mustapha Baba Shehuri, said Nigeria with a population of over 160 million, is seriously challenged with provision of infrastructure due to endemic corruption.

He said Government intends to tackle this rot in the power sector through holistic approach as contained in the recently unveiled Road Map to Power.

“We are expecting that at end of the year, our generating capacity will be over 6,000MW by end of 2016, 10,000MW in 2019 and 30,000MW in 2030”.

“As planned within the maxim of incremental, stable and uninterrupted power the Minister said Government had taken bold steps to harness the solar powered projects by signing off on the Power Purchase Agreements (PPAs), with 14 companies located in 9 states and FCT.”

“This will bring to the national grid 1,150MW of solar energy,” the Minister said.

Source

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