Nigeria’s
electricity generation is getting a steady climb reaching a two-year high of
4,044 megawatts (MW), though it is still below the peak generation level
achieved two years ago.
The
country’s power generation capacity currently stands at 6,000 MWs and is to the
expected to grow to 40,000 MW by 2020.
Speaking
on the attainment of the current feat, the special assistant to Nigeria’s
Minister of Power, Mr. Frank Edozien said it was due to the combined efforts of
the government and the private sector, while promising that the parties
involved in the power business would sustain the tempo and improve on it.
“The
government has put in place
short-term measures that would ensure steady power
supply to the power plants for the generation of electricity,” he said, adding
that there are also efforts to bring about sustainable gas supply so as to
ensure steady power supply in the country.
However,
Nigeria’s electricity generation is still below its peak generation level of
about 4,517.6 MWs recorded in December, 2012, which industry analysts say,
could be met and surpassed in no distant time if the upward trend continues.
Inefficient
power supply has been Nigeria’s greatest economic bane, but the tide seems to
be turning for the better with massive investments in the sector through public
private partnerships.
Vanguard
No comments:
Post a Comment