“The True Situation Of Electric Power In Nigeria Today And The Prospects For The Future” Being Text Of Speech By Babatunde Raji Fashola

The Minister, H.E Babatunde Raji Fashola, San speaks at The Nigeria-South Africa Chamber Of Commerce (NSACC) October 2018 Breakfast Forum, expressing the past, present and future of the Electric Power In Nigeria.

"You will compare our record of three years with what we met after the previous 16 years

If you compare our performance record in three years with the 16-year record of the previous administration in the areas of Generation, Transmission and Distribution you will get the following instructive results: Incremental Generation of 1000MW per year against 4000MW in 16 years which amounts to 250MW per year; Transmission capacity improvement by 666MW per year against 5000MW in 16 years which amounts to 312.5MW per year; and Distribution capacity improvement by 740MW per year as against 3,000MW in 16 years which amounts to 187.5MW per year.

"You will also compare the resources available to us in the last 3 years, with what was available over the previous 16 years. 

 "...you will have to ask yourself whether you are running your generator for longer or shorter periods today, than in 2015; and also whether you are spending more to buy fuel for your generator than three years ago.

"Those of you who are well-meaning and right thinking know the answers.

"The prospects for the future are clear, they portray hope, and I am optimistic that today’s problems represent opportunities in the power sector for tomorrow."  

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