The Federal Government, yesterday in Abuja, said 10 Gigawatts (10,000MW) of electricity is feasible from an investment of $3 billion being made in the power sector.
The prevailing situation of the nation’s power sector has rendered most of the previous projections by political actors a mere lips service as the country’s current transmitted electricity only stands below 5,000 megawatts. By projections, Nigeria should be generating 40,000 megawatts while a plan indicated leapfrog to 30 gigawatts by 2030. x
Vice President, Yemi Osinbajo however told stakeholders at a conference organised by the Nigerian Association for Energy Economics (NAEE) that bottlenecks are being addressed while noting that accelerated investment in transmission and distribution of over $3 billion will put Nigeria on a path to 10GW of electricity.