The Minister of Power, Works and Housing, Babatunde Fashola, said at the opening of the 22nd power sector stakeholders meeting held at the premises of Geregu Power Plc, Kogi State yesterday that electricity Generation in the country has reached an all-time high of 7,000 megawatts while transmission stands at 5,155 megawatts, The Guardian reports.
Fashola said most of the challenges inhibiting power generation had been tackled. The minister noted that January to March 2017 was a challenging period characterized by insufficient gas supply and disruptions in the systems in the Niger Delta. Fashola cited the government’s approval of the N701 billion power purchase guarantee funds which made it possible for the generation companies to pay gas suppliers, as a key turning point.
“The new problem is that the turbines are being managed not to run at full capacity because there is not enough demand at the distribution end to take all the power. What we now have as a country is that our power production has reached an all time high at over 7,000 MW. This is not where we were in January. It means our policies and programmes are working,” he said.
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