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COVERNEWSLETTERPOWER & ENERGY

Power Generation Capacity Down by 3,000Megawatts

FG To Move Forward With Plans To Sell Off 5 Power Plants

Nigeria is losing about 2,000 megawatts of electricity to the attack on the Forcados subsea pipeline by Niger Delta militants,
the Minister of Power, Works and Housing, Mr. Babatunde Fashola has revealed.

The Minister told energy reporters at a recent conference they organised in Lagos that not long after the attack on Forcados pipeline, power generation dropped to about 2,000MW from 5,074MW.

Fashola, who was represented by the acting Managing Director of Niger Delta Power Holding Company, Mr. Chiedu Ugbo, however argued that even at the 5,074 in February, the country was still short of where it ought to be as a nation.

He said: “In the short period between when we started work in November 2015 and February of this year, our generating capacity rose to 5,074 MW, the highest we have ever generated as a nation.”

The minister stated that in the 63 years of government monopoly between 1950 and 2013, the country’s maximum generation was 4000MW.

According to him, the solution was that the needed more power, adding that it is the basis of the first phase of his road map. Fashola argued that it is not gas alone that will allow the country to achieve incremental power, stressing that gas is only one solution amongst many other underutilised solutions.

He said the 3000MW-capacity Mambila Power Station, for example, is likely to be the government’s most defining in the road to incremental power.

He noted that one of the things that struck him during the budget process was the furore about which part of the country got “the lion share” or how many roads were being built in the North or how many bridges were in the South. The Minister insisted that those conversations were unworthy of the country’s collective national responsibility. He added that  every road, every bridge, every streetlight, every pipeline is a shared national asset.

 

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