Nigeria has Generated 1000mw of Power Annually Since 2015-Fashola

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 Thursday, October 18, 2018 3.00PM / By Otto Abasiekong of Proshare WebTV

 

The Minister for Power, Works and Housing Mr Babatunde Raji Fashola(SAN) today disclosed that Nigeria since 2015, has generated an average of 1000mw of power per annum across the ecosystem. 

He was the guest speaker at the October edition of the Nigeria-South Africa Chamber of Commerce, hosted by Phillips Consulting Limited. 

Mr Fashola who was engaging businessmen, politicians and technocrats on the “True State of Nigeria’s Electricity Sector’ said from 5000mw in 2015, power transmission had peaked to 7000mw in 2018. 

In the area of power distribution the Minister stated an increase of about 5200mw in 2018 from the 3000mw as at 2015. 

For the transmission segment the policy maker informed stakeholders that from 4000mw in 2015, Nigeria had achieved 7000mw. 

According to him “When i assumed the position of Minister of Power, I assured Nigerians that I will be committed to incremental power and an improved  experience progressively”. 

The Minister also noted that in the course of his work he had visited all the power plants and stations in the country, to keep abreast with developments in the sector. 

He said beyond the improvement in the distribution, generation and transmission another major focus of the ministry has been addressing customer complaints in the sector. 

“Between January to June, 2018 the National Electricity Regulatory Commission about 262,000 customer complaints have been received, with 167,000 addresses so far”. 

In the area of regulations and policies Fashola said to ensure that the additional 2,000mw generated which has not been tapped by the Distribution Companies, the “Eligible Customer Framework” has been introduced to incentivize private sector players to harness the untapped power. 

So far 5 Industries who signed an agreement with the Ministry are utilizing the “Eligible Customer Framework” in the Power Sector. 

Speaking further on the transmission segment of the sector, Fashola said at the moment not less than 90 stations are undergoing several levels of repairs, work and upgrade that should contribute to improving the Power situation in the country. 

To achieve scale in the area of improving access to electricity, he acknowledged the framework being put in place to enable the deployment of  off-grid solutions through renewable energy like solar power. 

In an interactive session Fashola clarified that the Power Ministry does not issue license, but plays the role of supervision and policy implementation. The National Bulk Electricity Trading Company(NBET) according to him plays a key role in the licensing process of the power sector. 

The October special breakfast meeting of the NSACC was hosted by Phillips Consulting Limited, as part of events to commemorate its 26th Anniversary.


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