President Muhammadu Buhari has said the power situation in the country
is no longer a laughing matter
– President Buhari lamented that his administration is faced with the
predicament of privatisation of the power holding companies
– The organised labour said the economy had stopped functioning and
urged the president to map out policies to resuscitate it
President Buhari addressing the national Economic Forum retreat in
Abuja on Monday, March 21, 2016.
President Muhammadu Buhari has declared war on the country's power
sector, saying epileptic power supply is no longer a laughing matter,
Leadership reports.
READ ALSO: Buhari's government is weak – Ango Abdullahi
Speaking on March 21 at the National Economic Council retreat on the
economy at the state house conference centre, presidential villa
Abuja, the president revealed that his government has set a target for
themselves to generate ten thousand megawatts distributable power in
the next three years.
Buhari, who frowned at the privatization of the power sector, said it
is yet to yield the anticipated result as the quality of service had
not improved.
President Buhari further revealed that his government is embraced with
the predicament of privatization of the power holding companies,
pointing out that Nigerians favourite talking point and butt of jokes
had become the epileptic power situation in the country.
"Ladies and gentlemen, it is no longer a laughing matter. We must and
by the grace of God we will put things right. In the three years left
for this administration we have given ourselves the target of ten
thousand megawatts distributable power. In 2016 alone, we intend to
add two thousand megawatts to the national grid.
"This sector has been privatized but has yet to show any improvement
in the quality of service. Common public complaints are, constant
power cuts destroying economic activity and affecting quality of life.
High electricity bills despite power cuts, low supply of gas to power
plants due to vandalisation by terrorists,"he said.
The president listed other impediment to the country's electricity to
include outdated power distribution equipment like transformers, power
fluctuations, which destroys manufacturing equipment, household
appliances as well as low voltage which cannot power industrial
machines.
is no longer a laughing matter
– President Buhari lamented that his administration is faced with the
predicament of privatisation of the power holding companies
– The organised labour said the economy had stopped functioning and
urged the president to map out policies to resuscitate it
President Buhari addressing the national Economic Forum retreat in
Abuja on Monday, March 21, 2016.
President Muhammadu Buhari has declared war on the country's power
sector, saying epileptic power supply is no longer a laughing matter,
Leadership reports.
READ ALSO: Buhari's government is weak – Ango Abdullahi
Speaking on March 21 at the National Economic Council retreat on the
economy at the state house conference centre, presidential villa
Abuja, the president revealed that his government has set a target for
themselves to generate ten thousand megawatts distributable power in
the next three years.
Buhari, who frowned at the privatization of the power sector, said it
is yet to yield the anticipated result as the quality of service had
not improved.
President Buhari further revealed that his government is embraced with
the predicament of privatization of the power holding companies,
pointing out that Nigerians favourite talking point and butt of jokes
had become the epileptic power situation in the country.
"Ladies and gentlemen, it is no longer a laughing matter. We must and
by the grace of God we will put things right. In the three years left
for this administration we have given ourselves the target of ten
thousand megawatts distributable power. In 2016 alone, we intend to
add two thousand megawatts to the national grid.
"This sector has been privatized but has yet to show any improvement
in the quality of service. Common public complaints are, constant
power cuts destroying economic activity and affecting quality of life.
High electricity bills despite power cuts, low supply of gas to power
plants due to vandalisation by terrorists,"he said.
The president listed other impediment to the country's electricity to
include outdated power distribution equipment like transformers, power
fluctuations, which destroys manufacturing equipment, household
appliances as well as low voltage which cannot power industrial
machines.
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