The hope of having a stable power supply soon in Nigeria has been quashed as the Senate Committee on Power, yesterday, announced that due to under funding and the Federal Government’s failure to fix the challenges of electricity generation, it might take the next 41 years for the country to experience stable power supply.
According to The Guardian report, the Senate Committee was shocked by the submission of the Minister of Power, Mamman Saleh, that of the N165b required for capital projects in 2020, N4b was given as bribe of which the only N3b was cash-backed.
Meanwhile, the Managing Director of the Transmission Company of Nigeria (TCN), Sule Ahmed Abdulaziz painted a gloomy picture of what to expect during the Ministry’s budget defense. Consequently, the Committee caution the minister for giving hope that there will be early provision of constant power supply.
A member of the Committee, Danjuma Goje, expressed concern that based on Abdulaziz’s presentation, N165b was proposed, but the ministry gave N4b envelope, insisting that it would take 41 years to deliver constant electricity when N165b is divided by N4b.
He said if ongoing projects being completed there is still no hope for stable transmission of power in the country.
“Going by the ministers presentation that transmission gas increased from 5000 to 8000 megawatts, it is not enough. When dishing out figures, we should bear in mind that capacity, transmission, and distribution have increased and that Nigerians, manufacturers, and industrialists want to see stable electricity.”
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