FG to Generate 6,600 Mega Watts in 2012 – Nnaji
According to the minister of Power, Professor Barth Nnaji, Nigeria will generate 6,600 Mega Watts of Electricity in 2012.
Speaking at the opening of the Nigerian Power Sector Retreat in Abuja, the minister disclosed that one of the major issues affecting power generation was the inavailibility of gas. The minister disclosed that inadequate gas supply hampered power generation capabilities in 2011.
According to Nnaji, “We have about 5600 mega-watts already in place. We are expecting additional 1000 mega watts when our gas plants resume generation. The gas issue is also being addressed. The NNPC, NGC and the Petroleum ministry have agreed to resolve the issue and all our plants would be wet again. We have actually made significant improvement in the area of power generation so far. We may not have done hundred percent well given that with the over 170 million people according to the World Bank statistics, we should not be talking about just 6600 megawatts or even 8000 mega watts electricity generation, but significantly, we have made progress.”
Also speaking on the ongoing protests by workers in the former PHCN headquarters in Abuja, the minister stated, “You have over 1,000 people sitting idle in the headquarters. They don’t have anything to do but Nigerian people are paying them to sit in the headquarters. The law on reform has transferred all rights and everything to the successor companies. The workers are supposed to go to the successor companies; nobody is being relieved of their job. They are being transferred with their salaries; even their transfer allowances will go there, everything; they just need to go. If you are working for a company, you cannot tell the people who employed you not to transfer you to a new location. If you happen not to like to be transferred, then you leave the place; that is how it is done.”
The workers are protesting the planned move due to fear of losing their jobs.
Related Posts
Latest News
-
FCMB Bank (UK) Limited Launches Personal and Business Banking Proposition to Deepen Inclusiveness
FCMB Bank (UK) Limited, an independently incorporated subsidiary of First...
- Posted August 1, 2018
- 0
-
The Worrisome Trend of Sensational Social Media “Journalism” and the Impact On Legitimate Business Concerns: Recent Travails of FCMB, GTBank and First Bank
On June 25, 2018 I woke up to yet another...
- Posted June 26, 2018
- 0
-
FCMB attains ISO Certification for Quality Management
Leading financial services provider, First City Monument Bank (FCMB), has...
- Posted May 16, 2018
- 0
-
Over 1,000 firms bid for 2017 railway projects
Over 1000 companies expressed interest in 17 categories of projects...
- Posted October 20, 2017
- 2
-
NAICOM moves to enforce compulsory insurance of public buildings
To drive the enforcement of the compulsory insurance of public...
- Posted October 20, 2017
- 11
-
Reps ask NPA to reverse termination of agreement with Intels
The House of Representatives yesterday waded into the ongoing controversy...
- Posted October 19, 2017
- 1
-
SEC suspends Oando shares from stock market
The Securities and Exchange Commission has ordered the Nigerian Stock...
- Posted October 19, 2017
- 1
-
FCMB Bank (UK) Limited Launches Personal and Business Banking Proposition to Deepen Inclusiveness
FCMB Bank (UK) Limited, an independently incorporated subsidiary of...
- August 1, 2018
- 0
-
The Worrisome Trend of Sensational Social Media “Journalism” and the Impact On Legitimate Business Concerns: Recent Travails of FCMB, GTBank and First Bank
On June 25, 2018 I woke up to yet...
- June 26, 2018
- 0
-
Azman Air commences flight operation in Sokoto
Azman Air Thursday commenced flight operation to Sokoto state....
- February 21, 2015
- 424
-
NRC increases Lagos goods trains, eyes fuel haulage
The Nigerian Railway Corporation says it has increased its...
- June 23, 2016
- 100
Nigeria News
- Judge allows Trump to seek dismissal of his criminal charges
- Transfer: Mourinho begs Cristiano Ronaldo to join Fenerbahce
- Police arrest fake officer for defrauding POS operators in Ogun
- EPL: Harry Kane names 4 best players, snubs Cristiano Ronaldo, Messi
- Alleged 10,000 forced abortions: NHRC report saved Nigeria from ICC invitation – Ojukwu