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Home Business News

V.P Osinbajo Says 7,000 Megawatts Of Electricity On The Way

Chris Pemu by Chris Pemu
May 3, 2016
in Business News
V.P Osinbajo Says 7,000 Megawatts Of Electricity On The Way
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Vice President, Prof Yemi Osinbajo, on Monday assured Nigerians that 7,000 Megawatts of power would be generated within the next 18 months in order to address the challenge of epileptic power supply nationwide.

Prof Osinbajo noted that implementation of the 2016 budget would commence in the next few days and priority would be accorded to the power sector to proffer lasting solutions to electricity supply in the country.

The Vice president identified major challenges of power supply in the country to include pipe line vandalism and transmission of gas from gas wells to power plants.

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Osinbajo hinted that about 5,000 Megawatts of power was generated shortly after the present administration took over the mantle of leadership before pipelines were blown by vandals.

He said the Federal Government had put up adequate measures to forestall pipeline vandalism.

Prof Osinbajo maintained that no public office holders found guilty of corruption would go unpunished as the present administration remained committed to fighting corruption in the country.

Tags: Power SectorProfessor Osinbajo
Chris Pemu

Chris Pemu

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