President Goodluck Jonathan,
Friday, assured Nigerians that
power supply would be
stabilised in the next two years.
He made the pledge at the
inauguration of the 750MW
Olor
unsogo II Power Station in
Olorunsogo, Ogun State.
The plant was constructed by
the Niger Delta Power Holding
Company (NDPHC) and it is one
of the 10 National Independent
Power Plants constructed by
the company across Nigeria.
“Private sector-controlled
power sector will be midwifed
and the interface between
government and private sector
will be sealed properly and
Nigerians will take power for
granted like in other countries,”
said Jonathan.
Once power becomes stable,
Jonathan noted that it would
stimulate small and medium
scale enterprises.
“We want to stabilise power
sector to stimulate SMEs
because our industries cannot
survive on generators.”
“$8.26 billion has been invested
so far in NIPPs from ECA.
These plants will be privatised
through transparent exercise
and the proceeds will be re-
invested to boost transmission
networks and upgrade other
identified projects,” he stated.
Jonathan further said that he
would inaugurate the Egbin
power station on Saturday
(today).
He expressed happiness that he
had continued to deliver on his
campaign promises, including
that of reforming the power
sector.
Meanwhile, Jonathan has
commissioned the Egbin power
plant in Ikorodu, Lagos State.
The plant, which is regarded as
the largest of such in West
Africa will add about 1320 MW
of power supply to the national
grid.
Friday, assured Nigerians that
power supply would be
stabilised in the next two years.
He made the pledge at the
inauguration of the 750MW
Olor
unsogo II Power Station in
Olorunsogo, Ogun State.
The plant was constructed by
the Niger Delta Power Holding
Company (NDPHC) and it is one
of the 10 National Independent
Power Plants constructed by
the company across Nigeria.
“Private sector-controlled
power sector will be midwifed
and the interface between
government and private sector
will be sealed properly and
Nigerians will take power for
granted like in other countries,”
said Jonathan.
Once power becomes stable,
Jonathan noted that it would
stimulate small and medium
scale enterprises.
“We want to stabilise power
sector to stimulate SMEs
because our industries cannot
survive on generators.”
“$8.26 billion has been invested
so far in NIPPs from ECA.
These plants will be privatised
through transparent exercise
and the proceeds will be re-
invested to boost transmission
networks and upgrade other
identified projects,” he stated.
Jonathan further said that he
would inaugurate the Egbin
power station on Saturday
(today).
He expressed happiness that he
had continued to deliver on his
campaign promises, including
that of reforming the power
sector.
Meanwhile, Jonathan has
commissioned the Egbin power
plant in Ikorodu, Lagos State.
The plant, which is regarded as
the largest of such in West
Africa will add about 1320 MW
of power supply to the national
grid.
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