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General News of Saturday, 30 May 2020

Source: www.mynigeria.com

Nigeria to move from 3000MW to 7000MW of power supply - Lai Mohammed

Lai Mohammed Lai Mohammed

The Minister of Information, Lai Mohammed has assured that Nigeria will be experiencing an improvement in power supply due to an agreement between the country and German firm Siemens.

Lai Mohammed stated this during a press conference in Abuja in celebration of the first anniversary of the second term of the President, Major General Muhammadu Buhari (retd.).

The Minister revealed that by the end of next year, Nigeria would have moved from 3000MW to 7000MW of power supply.

He said, “Following an agreement with German company Siemens in July 2019 to boost power supply in Nigeria, the stage is set for the perennial power problem to become a thing of the past.

“Under the three-phase agreement, Nigerians will enjoy 7,000 megawatts of reliable power supply by the end of 2021 (phase 1), 11,000 megawatts by the end of 2023 (phase 2) and 25,000 megawatts in the third phase.

“To put things in perspective, Nigeria’s current power generation capacity is more than 13,000 megawatts, but only an average of 3,400 megawatts reliably reach consumers. In essence, the current amount of power that reaches consumers will more than double by the end of next year.

“In addition, this will create thousands of jobs and will leapfrog the country into the next level of industrial and social development.”