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Electricity supply rebounds to 4,251.1mw

Electricity supply
rebounds to 4,251.1mw

. Govt laments power
deficit in Nigeria
After experiencing a
deficit of about
1,000mw in the last
one month, Nigeria’s
power supply has
bounced back to
4,251.10 mega watts
(mw) from the
3,373.18mw it
recorded last week.
The Presidential
Taskforce on Power
stated in its generation
report released at the
weekend, that daily
average energy
generated has also
increased from
3,408.87mw to
4,324.44mw.
According to the
taskforce, total daily
energy generated is
now 103,786.59mw
while total daily
energy sent out stands
at 102,026.39mw.
The country’s peak
power generated
remained the
4,810.70MW recorded
on August 25, 2015.
Despite the
tremendous
improvements
recorded in the power
sector, President
Mohammadu Buhari,
said that the country is
still far from meeting
the electricity
challenges in the
country.
Buhari said in Abuja at
the weekend, during
the 5th Nigeria
Alternative Energy
Expo (NAEE) with the
theme “Consolidating
Energy Transformation
Gains”, that there is
still a substantial
power deficit both in
generating,
transmitting and
distributing adequate
power to meet the
actual needs of the
country.
He said government is
doing everything
possible to attract
massive investment in
the power sector to
ensure regular and
steady electricity
supply for a viable and
sustainable
development.
Buhari noted that with
global investors
looking closely at the
energy opportunities
in Nigeria, the
government is
committed to
establishing a level
playing ground, with
encouraging policies
and incentives. “We
are also developing
infrastructures to
ensure environmental
sustainability and
internationally
accepted standards to
light up more homes
and businesses with
renewable energy”, he
added.
He renewed
government’s
commitment towards
the promotion of
renewable energy
programmes that will
integrate the objectives
of all, inclusive green
economy and attract
financing partners like
development banks,
international
development agencies
and other financial
options for supporting
the transition to a
cleaner energy in
Nigeria.
He stated: “This year’s
gathering will also see
the launch of the
‘G2020’ an initiative of
the Nigeria Alternative
Energy Expo (NAEE)
supported by
Government, private
sector and other
financiers responding
to the urgent need of
over 170 million
Nigerians to embrace
energy efficiency as a
national culture for a
sustainable future.
“The G2020 program is
aimed at generating
20MW of Green Energy
by the year 2020. The
project plans to supply
clean electricity to
Homes, Schools, Health
Centres and Police
Stations in rural areas
as a way of
accelerating
development across
the nation. The
programme will also
offer technical training
on green energy to the
target participants and
thus provide
employment
opportunities to our
youth”.

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