President Mohammadu Buhari on Monday woke up to the realities of epileptic power supply in Nigeria, saying that the situation was no longer funny. Should the situation persisits, the president said it would seriously affect the change agenda of the present administration.
The president said his administration must do everything necessary to increase power generation and distribution from its present status of about 1,500 to 3,500 megawatts with additional 2000 before the end of the year as a way of halting the ripple effect effects on the economy. But giving high hopes on the power sector, the president stated that before his government winds up in 2019, he would achieve a historic 10,000 megawatts of electricity.
The promise was contained in a keynote address which he presented at the opening ceremony of a two day summit of the National Economic Council, NEC, in Abuja. Read more