Thursday, 03 December 2020

B Business

NIGERIA’S POWER SECTOR: Nigeria has 5,000MW distribution capacity, says Fashola

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MINISTER of Power, Works and Housing, Mr. Babatunde Fashola, says Nigeria has 5000 megawatts distribution capacity, adding that the Federal Government’s promise to provide steady power supply to Nigerians was real and in progress.


Fashola, who spoke during the 25th monthly Power Sector meeting held in Uyo, Akwa Ibom State, also disclosed that the generation capacity in the country has reached 7000 megawatts.

The Minister who explained that power sector recovery programme put in place has started yielding results, presented a copy of Meter Asset Provider Regulation 2018 that will democratize access to meters for power customers to the state governor, Mr. Udom Emmanuel.

He said the country was moving away from theorizing about power to actual provision of efficient power to support trade and business, especially small and medium enterprises, who are the drivers of the economy.




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