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We Have Spent N900bn On Power Since 2015 – VP Osinbajo - Politics - Nairaland

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We Have Spent N900bn On Power Since 2015 – VP Osinbajo by NaijaOlosho(f): 3:14pm On Jul 13, 2019
Vice President Yemi Osinbajo says the Buhari administration has invested N900 billion in the power sector since its assumption of office in 2015.

He stated this when he paid a courtesy visit on the Asagba of Asaba, Prof. Chike Edozien on Friday in Asaba. ”Since assumption of office, we have invested so far in terms of support N700 billion in the power sector. Earlier, we invested N200 billion.”

The vice president said further that the Federal Government was in the process of investing another N600 billion in the sector.

On further steps to improve power supply in the country, he said that the federal government had decided to take a second look at the power sector.

According to him, one of the reasons why there are challenges in the power sector is that each of the Distribution Companies (Discos) controls a particular territory.

”And now we are saying that any company that wants to provide power to any territory, should be able to provide power for the territory and the people. We have been able to break the existing monopoly in the power sector. .

Whether upgrade or not, the discos should be able to serve the people. Another strategy we are trying to introduce is to open up the power sector by restructuring,” he said.

>>> https://grovenaija360.com/we-have-spent-n900bn-on-power-since-2015-vp-osinbajo/

Re: We Have Spent N900bn On Power Since 2015 – VP Osinbajo by Officialgarri: 3:14pm On Jul 13, 2019
Of course, you will continue to waste that money. If you spend such on electricity yet no productivity, then it is as good as waste.
No means of recycling. Only a few industries make use of government electricity because it is undependable.
70% use the electricity for only home appliance, charge phone and watch BBnaija. Hence, no productivity.
Re: We Have Spent N900bn On Power Since 2015 – VP Osinbajo by erimmy(m): 3:15pm On Jul 13, 2019
Really? So where is the power?




Anyways, check my signature and be financially free
Re: We Have Spent N900bn On Power Since 2015 – VP Osinbajo by Kingspin(m): 3:16pm On Jul 13, 2019
Which power? Abi na power horse !
Re: We Have Spent N900bn On Power Since 2015 – VP Osinbajo by emptor(m): 3:31pm On Jul 13, 2019
And the supply is getting worse by the day.
Re: We Have Spent N900bn On Power Since 2015 – VP Osinbajo by donbachi(m): 3:49pm On Jul 13, 2019
May my sons never spend money marrying women that will not give me grandchildren...2fiakwa.
Re: We Have Spent N900bn On Power Since 2015 – VP Osinbajo by yemi002: 3:50pm On Jul 13, 2019
Where is the power
Re: We Have Spent N900bn On Power Since 2015 – VP Osinbajo by thesicilian: 3:52pm On Jul 13, 2019
You spent the money on political power, definitely not electrical power.
Re: We Have Spent N900bn On Power Since 2015 – VP Osinbajo by Nobody: 4:34pm On Jul 13, 2019
N900BN... yet power was better under barth Nnaji
Re: We Have Spent N900bn On Power Since 2015 – VP Osinbajo by Mynd44: 4:35pm On Jul 13, 2019

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