Saturday, 21 February 2015

STABLE ELECTRICITY IS NOT POSSIBLE TILL 2017- GEJ

President Goodluck Jonathan  hinted yesterday that the nation’s quest for stable light might not be met by the government until after two or more years .
According to him, the interface between the federal government and the private sector on full privatisation of the energy sector to make steady power supply feasible in the country, would hopefully be completed in two years period.
The president who dropped the hint while inaugurating the 750 Mega Watts Olorunsogo Power Plant Phase II, Papalanto, Ogun State, said that ...
his administration had spent about US$8. 26 Billion in the bid to boost  the national electricity generation capacity by over 4, 700MGW.
He said: “to stimulate the micro and medium enterprises, government must invest and must show significant concern for power and that is what we are doing.
“And we promised this country that surely in the next two years, the interface between 100 per cent government control of power sector and 100 per cent control of the private sector will be sealed properly and Nigerians would take power for granted.”

SOURCE: The Nationonline

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