Saturday, 30 August 2014

Expect stable power supply by October – Minister of Power

The Federal Government, Friday, said that the country will experience more stabilized power supply by  the beginning of October.

The Minister of Power, Prof. Chinedu Nebo who said this while speaking with State House correspondents after a meeting presided over by Vice President Namadi Sambo at the Presidential Villa, Abuja also stated that some measures had been put in place to ensure stable electricity.

 Part of the strategies, he said, was the method put in place to ensure availability of gas for generation companies, according to reports from Punch. He said the step had started yielding results as some parts of the country had started experiencing more stabilised power supply.
 He said, “The cheering news from all of these is that if you have noticed throughout the country in the past one week, people have been getting much better power supply. “The gas is now beginning to come back and it is something that gives all of us a lot of joy.
“And we know that it will continue to grow that way even until December. “
The gas producers have come to a place where almost all of these is being taken care of. “
So that part of the shortfalls we've had in production up to this time, we hope that by the beginning of October, we will see a much better stabilization of the entire power delivery system in the country.” 
Nebo said that for the first time in recent past, the country had been on an average of 4,500MW, including the about 300MW of spilling reserve which is meant to ensure the regular reliability and stability of the grid.

The minister boasted that the government was making progress in the power sector, although it might not be as rapidly as Nigerians expect.

 He promised that the progress would be sustained.

On the complaints by generation companies on their debts, the minister said arrangements were being made to ensure that they are paid as at when due.

source: TodayNg

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