President Muhammadu Buhari has promised that his administration would ensure steady power supply before the expiration of his tenure through the provision of additional 10,000 megawatts.
He stated that 2,000 of the anticipated 10,000 megawatts will be added to the national grid in 2016.
“Nigerians’ favourite talking point and butt of jokes is the power situation in our country. But, it is no longer a laughing matter.
“We must and by the grace of God we will put things right. In the three years left for this administration we have given ourselves the target of 10,000 megawatts distributable power.
He said the nation was facing the classic dilemma of privatisation of the power sector, noting that no remarkable improvement in the quality of service had been recorded after the exercise.
However, he noted that the National Electricity Regulatory Commission (NERC) must ensure that consumers get value for money and over-all public interest is safe-guarded as government will complete the process of the privatisation.