Don't Expect Steady Electricity Supply In 2014, Minister Of Power Says

Nigeria's Power Minister Professor Chinedu Nebo acknowledged it is highly improbable that Nigerians will
experience steady power supply this year.

He spoke in Lagos at the annual Power Investors Summit
hosted by EnergyNet in conjunction with Nextier Capital
Limited.

Minister Nebo noted that Nigeria is struggling to come out of
the state of dilapidation, a state of total disrepair of
infrastructures and decay.

"Most of the plans are not going to be ready by the end of
the year. What we think from all study and framework right
now is that by the end of the year, we will be able not only
generate but have the transmission capacity to wheel out
6000 megawatts. That's what we are projecting from a very
technical and realistic point of view."

The Minister added that much of the funds have been put
aside for various projects that will continue to grow
transmission capacity by 2015 to 2017.

He also noted that the distribution companies need a proper
monitoring by the BPE and National Council on
Privatization, as they tend to conceal the real state of affairs
and hide the financial gaps that they have.

Via: Naij