Nigeria’s minister of power, works and housing, Babatunde Fashola on Wednesday claimed that some states in the country now enjoy almost 24 hours of electricity supply.
The former governor of Lagos state further said that transmission grew with about 8,100 watts as of December, noted that distribution networks have been the major challenge in making power available to Nigerians.
Fashola who spoke while appearing on Channels Television, revealed that the federal government is ready to invest N72 billion to install transformers and expand distribution.
Fashola said, “Sitting down here I can tell you some states that have almost 24 hours – Kebbi, Yobe. Some have five, some have 10 and there are still outages.”
“The generation capacity is also increasing. It is a value chain where the distribution is not matching up the available power and from time to time, there are slacks.
“The short term goals are incremental power and stable supply in some places.
“The government has decided that as 40 per cent holder of everything in the distribution of power, we have our programme to invest N72 billion which will involve installing transformers and all of that.”
“We created a metre access provider regulation. What it does is to create a new plan of investment programme. We manufacture, produce, supply and install metres and fill the gap the distribution companies cannot raise capital to fill. They cannot do so alone, they must do so under a procurement policy with the distribution company.”
“We are applying many solutions at the same time. So when we were talking about how much megawatts is being used, we have created a new page which will bring solution,” he concluded.
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