Use our pull-down menus to find more stories
  


OR subscribers use AllAfrica's premium search engine


Click here to read or make comments on this topic »

Nigeria: What Govs Say On Power Emergency


Daily Trust (Abuja)
 

Email This Page

Print This Page

Comment on this article

Daily Trust (Abuja)

21 June 2008
Posted to the web 23 June 2008

Governor Bukola Saraki of Kwara StateToday's (Thursday's) National Economic Council deliberated on several issues including power, excess crude, agriculture and also the financial and stock markets.

The meeting started with the President who is not a member of NEC coming to brief us on power. Highlights of his briefing are:

That the power situation requires a national effort, not only by the Federal Government, but also from the states and local governments and his intention is to declare an emergency in the power sector in July and take the sector as a priority.

Leading to that was a presentation on what the key issues are that will ensure we address this problem. The Minister of State for Power made a presentation on what is required for the rehabilitation of the existing power plants, rehabilitation of the transmission and the rehabilitation of distribution and the completion of the NIPP.

It is the view of the ministry that with this move, it is possible to get to 6,000 megawatts by the end of 2009 and by 2011, with the expansion of the grid and Mambila and Zungeru as well, we should be able to get to 10,000 MW.

The question then was the amount of money required and we were told for the short term, it will require about $5.3 billion and a presentation was made that that should be shared between the federal, states and local governments.

Relevant Links

The implementation committee is headed by the vice president. There are six governors, one coming from each of the six geo political zones and the three governors who were former ministers of power, then the current ministers of gas, minister of finance, minister of state for power, Attorney general of the Federation and the Minister of National Planning. Two representatives from banks, one from the labour, one from the media, one from the OPTS (oil operators).



AllAfrica aggregates and indexes content from over 125 African news organizations, plus more than 200 other sources, who are responsible for their own reporting and views. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica.

 
Share this on:
Facebook
Digg
Del.icio.us
StumbleUpon
Muti


Copyright © 2008 Daily Trust. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections -- or for permission to republish or make other authorized use of this material, click here.

Make allAfrica.com your home page | RSS Feed

Top | Site Guide | Who We Are | Advertising | Search | Subscribe

Questions or Comments? Contact us. Read our Privacy Statement.

HOME
allAfrica.com


Relevant Links




Investors Panic As Oil Falls Below $78
$20 Billion Capital Fleeing Continent Yearly - Report
Banks Warn On Mobile Money Transfers
Senators, Reps' Disagreement Delays Yar'Adua
Power Sector - AC Asks Yar'Adua to Probe Obasanjo