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Fashola Press Statement - Politics - Nairaland

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Fashola Press Statement by bidesco: 10:24pm On Dec 09, 2015
As far as status reports go, the Federal Government budgeted N18.132Billion in 2015 and the Ministry of Works got N13Billion for all roads and highways in 2015, although it has contracts for 206 roads, covering over 6,000km with contract price of over N2 Trillion. Our ability to achieve connectivity of roads depends on capital spending in 2016 to pay contractors and get them back to work. Our short term strategy will be to start with roads that have made some progress and can be quickly completed to facilitate connectivity. This include Ibadan Lagos road and 2nd Niger bridge. As far as status reports go,until around November 2013 the Government was the owner of all power assets in Nigeria except a few independent power plants and other smaller assets. Today, private companies have the responsibility for generation. 11 (Eleven) distribution companies are now responsible for bringing power to your homes. They buy the power from the Gencos, We are now at a point when government spending on all aspects of power has been significantly reduced on distribution and generation, except for some projects started under the National Integrated Power Project (NIPP). Today, the amount of power that is available is slightly larger than the capacity which the Transmission network can support. We have identified a total of 142 (One Hundred and forty-two) projects of which 45 are at 50% level of completion and about 22 (twenty-two) can be completed within a year. Apart from these there is a 10MW wind energy project in Katsina nearing completion, a 215MW plant in Kaduna and the 3,050 MW plant in Manbilla Taraba State all of which need to be completed.

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