Nigerians To Enjoy steady Power Supply By October – FG

The Federal Government yesterday, reassure Nigerians that plans have been put in place to ensure steady wupply of electricity in the country by October 2014.

 
The Minister of POower, Prof. Chenedu Nebo briefed State House Correspondents in Abuja ans said government has made good efforts to make sure there is constant availability of gas at power stations to boast power generation.

 
Speaking after a meeting on power stakeholders at the presidential villa, Abuja, by the Minister, chaired by Vice President Namadi Sambo, added that the debt owed power generation companies would also be paid.

He said “The generation companies have been complaining that they need to have all their bills paid. The good thing about this is that arrangements are being made to make sure that all the generation companies get their money as at when due.

“We are working on that. That is part of the meeting that was chaired by Mr Vice President.

“Next thing is how far we have come with the issue of even settling the gas question. The gas question has remained for quite a while. But very thankfully, the Honourable Minister of Petroleum Resources and I, the central bank governor and chairman of NERC met severally to address those issues.

 
“And that eventually ended in finding resources to take care of the indebtedness of the generation companies to the gas companies.
“So once we take care of the backlog, we insist that the gas companies will eventually produce more gas.’’



Speaking on generation capacity, Prof Nebo noted that power supply have hovered around 4,500 mega watts

His words, “First, I would say we rejoice that for the first time in a long time we have been averaging over 4,500 MW when we include nearly 300 mw of spilling reserve which is always put there to make sure that the reliability and stability of the grid is ensured at all time.

 
“So, we are really moving forward; it may not be as rapidly as Nigerians expect but it is important to let everybody know that indeed we are advancing, we are making progress and we will continue to make progress”.

 

Read Also:  “Na fat I fat, no be me be Big Brother” – Cubana Chief Priest replies after fans begged him for #BBNaija linkup

 


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