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Nairaland Forum / Nairaland / General / Politics / BREAKING: Buhari Unveils New Electricity Target For 2021, 2023 (895 Views)
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BREAKING: Buhari Unveils New Electricity Target For 2021, 2023 by Ebullience(m): 3:55pm On Jul 22, 2019 |
President Muhammadu Buhari has unveiled a new power target for the country, following the signing of electricity road map agreement between the Federal Government and German-based Siemens. The signing of the implementation agreement was held at the Presidential Villa, Abuja on Monday. The Director General of the Bureau of Public Enterprise (BPE), Dr. Alex Okoh signed on behalf of the federal government and the Chief Executive Officer of the Siemens, Mr. Joe Kaeser signed for the firm. The deal, our correspondent reports, was the product of a meeting President Buhari held with German Chancellor, Angela Merkel on August 31, 2018. Speaking during the signing of the agreement, the president said the government’s goal was to deliver electricity to Nigerian businesses and homes. The target are in three phases. 7,000 megawatts in 2021, 11,000 in 2023 when the president’s second term will elapse. The final phase has a target of 25,000mw. The president said: “My challenge to Siemens, our partner investors in the Distribution Companies, the Transmission Company of Nigeria and the Electricity Regulator is to work hard to achieve 7,000 megawatts of reliable power supply by 2021 and 11,000 megawatts by 2023 – in phases 1 and 2 respectively. “After these transmission and distribution system bottlenecks have been fixed, we will seek – in the third and final phase – to drive generation capacity and overall grid capacity to 25,000 megawatts.” He said, with the strong commitment to the development of Mambilla Hydroelectric and the various solar projects under development across the country, the long-term power generation capacity will ensure adequate energy mix and sustainability in the appropriate balance between urban and rural electrification. “Our intention is to ensure that our cooperation is structured under a Government-to-Government framework. No middlemen will be involved, so that we can achieve value for money for Nigerians. We also insist that all products be manufactured to high quality German and European standards and competitively priced. “This project will not be the solution to all our problems in the power sector. However, I am confident that it has the potential to address a significant amount of the challenges we have faced for decades,” he said. “It is our hope that as the power situation improves, we will improve investor confidence, create jobs, reduce the cost of doing business and encourage more economic growth in Nigeria,” he said. https://www.dailytrust.com.ng/breaking-buhari-unveils-new-electricity-target-for-2021-2023.html 1 Like 1 Share
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Re: BREAKING: Buhari Unveils New Electricity Target For 2021, 2023 by Wizklynd23(m): 3:57pm On Jul 22, 2019 |
Fellow country Men, we have come a long way and with time we will reach there.. Despite bad leadership and unceasing corruption, I bring to you words of hopes that; our country will be better again.. Long live Nigeria.. 1 Like
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Re: BREAKING: Buhari Unveils New Electricity Target For 2021, 2023 by Skepticus: 3:58pm On Jul 22, 2019 |
Scam Another White elephant project to produce new set of millionaire and billionaires 1 Like
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Re: BREAKING: Buhari Unveils New Electricity Target For 2021, 2023 by odi1278(m): 3:58pm On Jul 22, 2019 |
Scam of the century... I thought the minister of darkness the big mouth Fashola stated that we already have 7,000 megawatts. Crazy people Ebullience: |
Re: BREAKING: Buhari Unveils New Electricity Target For 2021, 2023 by goodmorning40: 3:59pm On Jul 22, 2019 |
Rubbish |
Re: BREAKING: Buhari Unveils New Electricity Target For 2021, 2023 by Okoroawusa: 4:01pm On Jul 22, 2019 |
Buhari is laying the foundation for the Nigeria of our dreams |
Re: BREAKING: Buhari Unveils New Electricity Target For 2021, 2023 by infinitethrust: 4:02pm On Jul 22, 2019 |
I remember Air Nigeria. 1 Like |
Re: BREAKING: Buhari Unveils New Electricity Target For 2021, 2023 by Charleys: 4:07pm On Jul 22, 2019 |
Sai Barbara |
Re: BREAKING: Buhari Unveils New Electricity Target For 2021, 2023 by Nbote(m): 4:12pm On Jul 22, 2019 |
How can U b setting target for 7000mw wen U ppl claim to have achieved 7000mw since last 2yrs... Sometimes dis ppl need to keep up with their lies and propaganda |
Re: BREAKING: Buhari Unveils New Electricity Target For 2021, 2023 by chachauche(m): 4:15pm On Jul 22, 2019 |
Best News since the start of 2019,All we hear before now is Bandits, Herdsmen,shites,boko boys and kidnappings.Abeg let's drink to this. |
Re: BREAKING: Buhari Unveils New Electricity Target For 2021, 2023 by TheShopKeeper(m): 4:23pm On Jul 22, 2019 |
...here we go again...why siemens... ...other countries like UK are very much light years ahead: https://en.wikipedia.org/wiki/Energy_in_the_United_Kingdom |
Re: BREAKING: Buhari Unveils New Electricity Target For 2021, 2023 by Nobody: 4:29pm On Jul 22, 2019 |
Kenya just launched the largest windmill plant in Africa. And we re here romancing below 10k mw |
Re: BREAKING: Buhari Unveils New Electricity Target For 2021, 2023 by Arda1000(m): 4:39pm On Jul 22, 2019 |
Wizklynd23:A real patriotic zombie. I hail thee! |
Re: BREAKING: Buhari Unveils New Electricity Target For 2021, 2023 by urahara(m): 4:54pm On Jul 22, 2019 |
Ebullience: This should mean the power sector will be deregulated. |
Re: BREAKING: Buhari Unveils New Electricity Target For 2021, 2023 by feldido(m): 5:46pm On Jul 22, 2019 |
Kai 7,000MW How is steady power rocket science in 2019? This country is a joke. |
Re: BREAKING: Buhari Unveils New Electricity Target For 2021, 2023 by Jobminister: 6:16pm On Jul 22, 2019 |
Minister of darkness have been fooling himself all this time. https://dailypost.ng/2017/10/20/power-generation-hits-7000mw-fashola/ https://www.sunnewsonline.com/electricity-generation-hits-7000mw-but-2000mw-idle/ https://guardian.ng/news/fashola-says-power-generation-hits-7000mw-5155mw-transmitted-2000mw-stranded/ We are now looking at almost three good years to get 7000MW. Only God will help this country. 1 Like |
Re: BREAKING: Buhari Unveils New Electricity Target For 2021, 2023 by skyman200(m): 7:03pm On Jul 22, 2019 |
we only need prepared meters simple |
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