Electricity generation has improved considerably – Fashola

A tailor uses a generator for power due to the epileptic public power supply in Lagos
 The Minister of Power, Works and Housing, Mr. Babatunde Fashola, said on Friday night that the prescription for recession in Nigeria had been in place for more than three years.

The ‘super minister’ added that power generation in Africa’s most populous country has improved in the last one year.

Fashola, accompanied by the minister of state in the ministry, Mustapha Shehuri, and its top officials, spoke at a media briefing to commemorate his first year in office.

He noted that when workers were being retrenched and the purchasing power of an average citizen eroded, as had been the case since 2013, these were obviously signs of recession.

 He, however, expressed the hope that the Muhammadu Buhari-led administration was on the road to making Nigerians smile once again.

Fashola said that electricity generation in Nigeria has improved considerably in the last 12 months, peaking at above 5074MW for the first time in the nation’s 63-year-old electricity history earlier this year.

He said this has created jobs for hitherto idle artisans, small and medium scale entrepreneurs and empowered other businesses.

He noted that the more than 800 containers of imported power generation and distribution components stranded at the ports for between three and eight years, have been released.

He regretted that about 3000MW of electricity was lost to vandalism, adding, however, that the Federal Government was discussing with agitators in order to put an end to the destruction.

Fashola said electricity generation would continue to appreciate as more stations come on stream and contribute to the national grid.

The minister appealed to electricity consumers to be patient with distribution companies over insufficient prepaid meters, noting that the pprivatisationof the sector was only three years old.

He said that the meters would soon be readily available as more companies embark on their production in Nigeria.

Facebook Comments Box
Copyright 2024 ROYAL NEWS. All rights reserved. Digital material on this website, may not be published, reproduced, broadcast, rewritten or redistributed in whole or in part without prior express written permission from ROYAL NEWS.
 

For Adverts and News/Event Coverage, contact 08061346946, 07030849251. Or email info@royalnews.com.ng

Download ROYAL NEWS app

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Subscribe

spot_img

Latest News

More like this
Related

NNPC/Seplat JV’s “Eye Can See” Programme Restores Vision, Hope in Imo

The NNPC Ltd/ Seplat Energy Joint Venture (JV) partnership...

M.M.Jimba: The Celebration Of An Essential Omoluabi

By Abubakar Imam "Those who leave  everything in God's  hand will eventually  see...

Police confirms tragic death of Lion Handler in Obasanjo Presidential Library

The Ogun State Police Command on Sunday confirmed that...

Gwajibo Mudi boat mishap is regrattable, worrisome— Emir Sulu-Gambari

The Emir of Ilorin and Chairman Kwara State Traditional...

Nationwide broadcast: Tinubu commends Kwara, Kebbi, others over Agric Initiatives

TEXT OF NATIONAL BROADCAST BY PRESIDENT BOLA AHMED TINUBU...

Emir Sulu-Gambari rejoices with Yunus AbdulSalam on attainment of SAN at 38

The Emir of Ilorin and Chairman Kwara State...

EFCC assures of action on alleged misappropriation of fund against Tinubu’s Minister, Bello Matawalle

The Economic and Financial Crimes Commission (EFCC) has assured...

Tinubu swears in Kekere-Ekun as substantive Chief Justice of Nigeria

Justice Kudirat Kekere-ekun has taken an oath of office...

Senate tinkers with N/W, S/E Commissions Acts over MD, Chairmanship positions

As South-South Commission bill passes second reading Senate on Thursday...

Mutombo dies of brain cancer at 58

NBA Hall of Famer Dikembe Mutombo has died from...

Minister Urges Nigerians to Support Climate Change Mitigation, Adaptation

The Minister of Science, Technology and Innovation, Dr. Adeleke...

AFCON: Semi-final against Super Eagles will be tough- South Africa legends

Neil Tovey and Mark Williams, key figures when South...

It’s not altogether a bad thing for the North to secede from Nigeria – Ex-presidential aspirant, Adamu Garba

Former Presidential aspirant, Adamu Garba says with all that...

SERAP institutes fresh case against INEC over Bayelsa, Kogi, Imo polls

Socio-Economic Rights and Accountability Project (SERAP) has filed a...

Telecoms: 5G subscriptions increases to over 60,000 subscriptions across 12 states— Danbatta

The Executive Vice Chairman of the Nigerian Communications Commission,...

COVID-19 remains International health threat, WHO warns

World Health Organisation (WHO) has again, warned that COVID-19...

Two FRSC officers crushed to death by truck in Akwa Ibom

Two officers of the Federal Road Safety Corps were...

Emir of Zazzau’s death, a personal loss— Gov. Abdulrazaq

Governor AbdulRahman AbdulRazaq of Kwara State,  on Sunday commiserated...

VSO trains 40 Enugu Head Teachers on ‘Inclusive Education’

The Voluntary Service Overseas (VSO), a British government influenced...

Minister Urges Media to Tone Down Terrorism Publicity

Minister of Information and National Orientation, Mohammed Idris,...