Nigeria power supply will be among best 20 by 2020 –Jonathan

Written by - Friday, 29 June 2012

President Goodluck Jonathan says power supply in Nigeria will be among the best 20 in the world in the next eight years.

The president gave the assurance in Lagos yesterday at the 40th Annual General Meeting of Manufacturers Association of Nigeria (MAN).
Represented by Dr Samuel Ortom, Minister of State for Trade and Investment, the president said government would do everything possible to address the “structural weaknesses standing between us and revolutionizing the power sector”.

“Some of the problems are deep, but not beyond the government. We are currently reviewing the lapses in the power sector to make it one of the best in the world in the year 2020. Nigeria is on the threshold of history, ready to join the world economic powers in the very near future”, he said.

The president said the emphasis of government was to promote the processing of the nation’s natural resources for consumable commodities, saying this would also beef up “our export portfolio”.

He said the government’s effort at attracting local and foreign investors into the economy was yielding positive results. “More than 16,000 local and foreign investors have registered their intentions to do business worth about N6.6 trillion in just one year,” he said.

The president lauded the MAN’s blueprint to boost the sector, assuring them that the consideration of the blueprint would be highly valued by the government and put to work.

The MAN President, Mr. Kola Jamodu, said the manufacturing sector was one of the most powerful engines for economic growth and a catalyst for transformation of the nation’s economic structure. (NAN)

dani1luv:


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Dpeacemaker101: And they say GEJ is not working? May God grant you the will to do more my president.

Mandelaguy: By the ime haters come here,they will not read the post or get a full handle on the news

Mandelaguy: By the ime haters come here,they will not read the post or get a full handle on the news,they will just pick the topic and take an opium induced ride through their normal rhetorics and name calling and disturb our intellectual conversations with their myopic views, their fear is that GEJ might actually succeed and rubbish their names in history, knowing that if he succeeds and they fail,all they have ever said will be used against them by generations yet unborn and as such,they will remain villains even in their graves.

Mandelaguy: By the ime haters come here,they will not read the post or get a full handle on the news,they will just pick the topic and take an opium induced ride through their normal rhetorics and name calling and disturb our intellectual conversations with their myopic views, their fear is that GEJ might actually succeed and rubbish their names in history, knowing that if he succeeds and they fail,all they have ever said will be used against them by generations yet unborn and as such,they will remain villains even in their graves.

canuck:



See, folks, it's really not about hating but a burning desire to see TANGIBLE results of democracy in our country.

I took your advise to heart and read the short 280-word article 10 times, and I still do not see anything other than promises.

Nigerians are jaded and cynical because we've been hearing "Better life by 1990" "Good life by 2000" "Heavenly life by 2010", now "Powered life by 2020"

GEJ represents all that disappointment that he is the lightening rod taking all the hit - If he indeed he proves cynics wrong, the cynic camp will lay desolate.

Until then, GEJ and his die-hard supporters (I used to be one, and I am still ever ready to support a winner GEJ) should huncker down and get ready to be battered by Nigerians.

dorothy111: WTF is he talking about? He won't be there by 2020.

ebgbest: Friend plz hw do i make front page wit ma story......let sum1 help me.....i'm new on dis site. 10x

canuck:



See, folks, it's really not about hating but a burning desire to see TANGIBLE results of democracy in our country.

I took your advise to heart and read the short 280-word article 10 times, and I still do not see anything other than promises.

Nigerians are jaded and cynical because we've been hearing "Better life by 1990" "Good life by 2000" "Heavenly life by 2010", now "Powered life by 2020"

GEJ represents all that disappointment that he is the lightening rod taking all the hit - If he indeed he proves cynics wrong, the cynic camp will lay desolate.

Until then, GEJ and his die-hard supporters (I used to be one, and I am still ever ready to support a winner GEJ) should huncker down and get ready to be battered by Nigerians.