Adebayo Adelabu, the Minister of Power, has guaranteed Nigerians a consistent and sustainable power supply throughout the nation.
He made this claim on Tuesday when on an inspection visit to the Niger Delta Power Holding Company’s Calabar power plant in the state capital of Cross River State.
According to Adelabu, the Federal Government is working together to ensure growth in the electricity industry in order to guarantee electrical stability throughout the country.
He said,
He urged colleagues in the oil and gas industry to prepare to take equal initiative as the government of President Bola Tinubu would properly handle industry challenges.
He enthused,
According to him, the Federal Executive Council and the Federal Privatization Council are considering the much-discussed plant privatization with the Cross River State government.
Given the firm’s competence, Eka Williams, the Cross River State Commissioner for Power and Energy, stated that the state government is more than prepared to take over and manage the compay effectively.
He mentioned that Senator Bassey Otu’s administration is working hard to meet the demands of his constituents.
According to Chiedu Ugbo, the company’s managing director, they currently provide electricity to the majority of the South-South and South-East regions of the nation.
To deliver electricity to most locations, he claimed, more sub-transmission power plants are required.
He demanded that people stop committing acts of vandalism after expressing his displeasure with it.
The development is coming amid the instability in electricity experienced across the country.
Gani Peters said,
TimesNow.com.ng reported that to guarantee Nigeria’s commitment to electrical sector reforms, market openness, liquidity, and expanding access to cheap power, the Federal Ministry of Power and the US Agency for International Development signed a memorandum of agreement on Wednesday, July 10.
This was declared by both parties in a statement released by the ministry of power in Abuja as reported by The Punch.
The MOU aims to support the implementation of a N115.2 billion US government grant-funded technical assistance program intended to support power sector development and reforms in Nigeria.
Source: TimesNow.com.ng
