The Minister of Power, Works and Housing, Babatunde Fashola, on Tuesday said that the Federal Government was planning an audit of energy consumers to meet power supply needs of Nigerians.
Fashola said this at the Made-In-Nigeria Summit 2016 held at the Eko Atlantic City in Lagos.
He said Nigerians wasted a lot of energy and there was a gap between power generation and distribution that needed to be ascertained.
Some panelists at the event said that about 80 per cent of energy generated through various energy alternatives was usually not absorbed by distribution companies.
The minister said there was the need for synergy between power generation and distribution companies in order to reduce loses, while ensuring their adequate consumption.
Fashola said: “It is important for government to know the number of its citizens; to predict the kind of energy demand they have; and in what way they demand that energy.
“It is a data that every sensible and serious government would want to have at its disposal; whether it collects it by itself or through private efforts.”
He said that the ministry was working with the National Population Commission on how best to conduct the next census and explore its energy opportunity for Nigerian businesses.
Fashola stressed the need for an energy mix for power generation, depending on the sources available in the various regions which included gas, solar, hydro and coal.
He also said that government was verifying debts before making payments to contractors to ensure that they followed due process and the right procurement procedures in contract awards and execution.
The minister said that government was rehabilitating power assets across the country, which had been responsible for the steady power supply being enjoyed currently.
He also stated: “In the last one year Kainji, Jebba and Shiroro dams have been going through a lot of investments, repairs and maintenance that have been abandoned for decades and we have increased water levels.
“We are also seeing solar initiatives coming through, and this is the combination of what is providing the stability.’’
The minister said that although the nation had lost about 3,000 mega watts to vandals, it was able to generate about the same amount this year.
Fashola said that government was working on increasing power supply until it achieved sufficient power generation and distribution.
He said that government was targeting electrification of all the universities in the nation as they are located in rural areas.
The minister said that by so doing, government would actualise its rural electrification goal.
Fashola gave his support for Made-In-Nigeria meters, transformers, cables and other electrical fittings and appliances that completed the value chain of electricity distribution and generation.
The Eagle online News reports that the minister had earlier declared open the Power Nigeria Exhibition at Eko Hotel.
He lauded the number of exhibitors who were about 200 from various countries.
Fashola said this confirmed the fact that there were opportunities from the challenges in the power sector which ‘rational investors’ were exploring.