• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
    • Government
  • Security
  • Features
  • State
  • Event
    • PR Nigeria Award
  • E-Paper
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
    • ICPC Secures Conviction of Rector for Running Unaccredited Degree Programmes

      Engr Abba Babagana Dalori

      Engr Dalori Forfeits Galaxy Hospital, Petrol Station, Properties & Cash

      Chinese nationals jailed in Lagos

      Court Jails Nine Chinese Nationals for Cybercrime in Lagos

      ASUU

      Tackle Corruption, Institutional Decay – ASUU Charges FG

      EFCC Arraigns Bauchi Accountant General Over N8bn Fraud as Court Sentences…

  • Fact-Check
  • Economy
    • Customs Partners US Mission to Prevent Expanded Visa Ban

      Nigeria Customs Partners China on Smarter Ports, Officer Training, Reforms

      Comptroller General Nigerian Customs Bashir Adewale

      Customs Moves Against 223 Importers in N379bn Permit Breach

      Bashir Adewale Adeniyi Customs Boss

      How Customs is Tightening Borders to Stop Illicit Cash Flows –…

      Customs boss, CGC Bashir Adewale Adeniyi with NAFDAC DG Professor Moji Adeyeye

      Codeine, Tramadol Worth ₦20.5bn Seized as Customs-NAFDAC Cooperation Deepens

  • National
    • Group Chief Executive Officer (GCEO), Bayo Ojulari

      Purported Resignation: Who are after NNPC Boss Bashir Ojulari

      Dr. Emmanuel Ojukwu and representatives at NIPR FCT the meeting

      NIPR FCT Chapter Focuses on Crisis Communication and Professionalism

      Inspector-General of Police Kayode Adeolu Egbetokun

      IG Boosts Police Intelligence Capacity with New Tech, Training for Technical…

      Army Commander keeps 100 students in school

      Army Commander’s Compassion Keeps 100 Students in School in Zamfara

      Sam Obi Sponsors 500 students

      Sam Obi Sponsors 500 Students in Evergreen, SimplifiedIQ’s Education Program

    • Government
      • Group Chief Executive Officer (GCEO), Bayo Ojulari

        Purported Resignation: Who are after NNPC Boss Bashir Ojulari

        The Paramount Ruler of Oka-Akoko, His Imperial Majesty Oba (Dr) Yusuf Adebori Adeleye, OON, the Olubaka of Oka

        Olubaka of Oka Praises Foundation for “Best Oka Day” Festival

        Dr. Emmanuel Ojukwu and representatives at NIPR FCT the meeting

        NIPR FCT Chapter Focuses on Crisis Communication and Professionalism

        Mohammed Idris Malagi, Honorable Minister of Information and National Orientation

        FG Reacts to Niger Governor’s Closure of Badegi FM

        Northern leaders at Arewa Summit

        Northern Leaders Urge Action on Almajiri Crisis, Equitable Resources at Arewa…

  • Security
    • After ₦250m Ransom Demand, Security Guard Arrested for Murder of Caregiver,…

      The Director of Defence Media Operations, Major-General Markus Kangye,

      Troops Eliminate Dozens of Terrorists, Arrest 578 Suspects in July Operations

      Inspector-General of Police Kayode Adeolu Egbetokun

      IG Boosts Police Intelligence Capacity with New Tech, Training for Technical…

      Nigerian Police Force

      Anambra Police Nab Wanted Kidnap Suspect in Kaduna

      Nigerian Navy

      Navy to Establish  Base in Kebbi to Tackle Inland Waterway Crimes

  • Features
    • CG Customs Bashir Adewale Adeniyi

      Customs Just Wrote Nigeria’s Energy Rulebook

      Okello Oculi

      Okello Oculi: A Pan-Africanist Asteroid Burns out Forever By Is’haq Modibbo…

      Leon Usigbe

      Death, you can’t be Proud of this By Abdulrahman Abdulraheem 

      Tinubu’s Plateau Gambit – Yilwatda, 2027, and the Return of the…

      Ozumi and a recipient of a wheelchair

      Wheels of Hope: How a Simple Gift is Reshaping Lives at…

  • State
    • After ₦250m Ransom Demand, Security Guard Arrested for Murder of Caregiver,…

      court Judiciary

      Lawyer Sues Housing Ministry, FHA Over Alleged Property Redesign

      Army Commander keeps 100 students in school

      Army Commander’s Compassion Keeps 100 Students in School in Zamfara

      Chief of the Air Staff (CAS), Air Marshal Hasan Abubakar, receiving the land document from Governor Pastor Umo Bassey Eno in Akwa Ibom

      Akwa Ibom Boosts National Security with Land Donation for Nigerian Air…

      Nigerian Army

      Army Denies Allegations of Misconduct in Imo Community

  • Event
    • The Paramount Ruler of Oka-Akoko, His Imperial Majesty Oba (Dr) Yusuf Adebori Adeleye, OON, the Olubaka of Oka

      Olubaka of Oka Praises Foundation for “Best Oka Day” Festival

      court Judiciary

      Lawyer Sues Housing Ministry, FHA Over Alleged Property Redesign

      Sam Obi Sponsors 500 students

      Sam Obi Sponsors 500 Students in Evergreen, SimplifiedIQ’s Education Program

      Comptroller General Customs Bashir Adewale and his staffs with the representatives of the European Union, the German Embassy

      Customs Unveils Renewable Energy Handbook, Strengthens EU-Germany-GIZ Partnership

      University of Maiduguri

      UNIMAID Mass Comm becomes Faculty of Communication and Media Studies

    • PR Nigeria Award
  • E-Paper
Home National FG Reiterates Commitment to Bridging Power Shortfall in 2017
  • National

FG Reiterates Commitment to Bridging Power Shortfall in 2017

By
Etore E. Thomas
-
January 19, 2017
Fashola
Works Minister Fashola

Works Minister Fashola

says accurate population census critical to provision of adequate electricity supply  

In a renewed effort to re – energize its commitment to providing incremental, stable and uninterrupted power supply to Nigerians, the Minister of Power, Works and Housing, Babatunde Raji Fashola has disclosed some policy directions for the power sector for 2017.

The Minister made the disclosure recently in Abuja during the monthly Power Sector Dialogue Series with theme; 2016 Power Sector Review and 2017 Power Policy Direction organized by the Nigeria Electricity hub, a subsidiary of  NEXTIER Power, a leading policy advisory firm with a focus on the Nigeria electricity market.

        Speaking on 2016, Fashola reacted to the call for the reversal of the privatization of the power assets, saying that it will be almost impossible to reverse, as the exercise is just three years old, and needs time to mature. In his words, “We should think on what to do to make it work better, instead of canceling it, because that will only take us backward to the beginning”. 

        The Minister said every time we cancel contracts we send negative signals to our foreign investors that we don’t respect agreements, saying with privatization, government is now a policy maker and a regulator.

Read Also:

  • Purported Resignation: Who are after NNPC Boss Bashir Ojulari
  • Will Presidential Gifts Follow as Nigerian Female Basketballers D’Tigress Reach 5th Consecutive AfroBasket Final?
  • After ₦250m Ransom Demand, Security Guard Arrested for Murder of Caregiver, Toddler in Abuja School

        On the other challenges facing the sector, the Minister stated that accurate demographic data is very critical in the planning and provision of adequate electricity supply to the citizenry, lamenting that lack of proper planning has hampered the delivery of electricity in the country over the years.

According to him, it is important to know how many we are so as know how much power to provide, and the number of consumers to be supplied electricity.

 In addition, on the non-payment of outstanding debts owed Distribution Companies (DISCOs), the Minister assured his audience that government will off-set these after proper verification, pointing out that the present administration had inherited accumulated debts prior to the privatization exercise.

        On the issue of metering, Fashola further stated that government has directed distribution companies to bridge the metering gap in the country, so as to end the estimated billings of consumers.

        Looking forward, Fashola stated that the government is geared towards ensuring that everyone in the system gets paid, putting in place better governance and institutional frameworks, more sanctions for energy theft, ensuring better contract performance and sanctions for non-performance, as well as providing electricity access to rural dwellers

        The Minister further revealed that the existing contracts for 2000 constituency electricity projects under the Rural Electrification Agency (REA) will soon be completed, adding that the government will be looking at expanding the generation, transmission and distribution aspect within the electricity value chain by encouraging more technical partners and other investors to come into the power sector and explore other energy resources in more secured environments in the country.

Etore E. Thomas

Deputy Director (Press)

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • Babatunde Raji Fashola
  • DISCOs
  • NEXTIER
Previous articleEl-Rufai Donates Land for Methodist
Next articleFCTA To Deliver UN House Soon-Min.
Etore E. Thomas
Etore E. Thomas
https://prnigeria.com
PRNigeria is the pioneer Press Release Distribution agency in Nigeria. A member of image Merchant Promotions limited, PRNigeria encourages individuals and organisations to be more transparent in their information management. with dedicated Editorial staffs, the PRNigeria ensures that information provided on its platforms are timely, factual and authoritative Read more at: //prnigeria.com/about/
Facebook Twitter

RELATED ARTICLESMORE FROM AUTHOR

Group Chief Executive Officer (GCEO), Bayo Ojulari

Purported Resignation: Who are after NNPC Boss Bashir Ojulari

Dr. Emmanuel Ojukwu and representatives at NIPR FCT the meeting

NIPR FCT Chapter Focuses on Crisis Communication and Professionalism

Inspector-General of Police Kayode Adeolu Egbetokun

IG Boosts Police Intelligence Capacity with New Tech, Training for Technical Intelligence Unit

Army Commander keeps 100 students in school

Army Commander’s Compassion Keeps 100 Students in School in Zamfara

Sam Obi Sponsors 500 students

Sam Obi Sponsors 500 Students in Evergreen, SimplifiedIQ’s Education Program

CG Customs Bashir Adewale Adeniyi

NIPR Hails customs Boss’ Tenure Extension as Evidence of Transformational Leadership

Comptroller General Customs Bashir Adewale and his staffs with the representatives of the European Union, the German Embassy

Customs Unveils Renewable Energy Handbook, Strengthens EU-Germany-GIZ Partnership

University of Maiduguri

UNIMAID Mass Comm becomes Faculty of Communication and Media Studies

CG Customs Bashir Adewale Adeniyi

Tinubu’s Extension of Customs CG Bashir Adeniyi’s Tenure Draws Widespread Praise and Reactions

Inspector-General of Police Kayode Adeolu Egbetokun

IG Reaffirms Commitment to Tackling Oil Theft, Upholding Human Rights

Northern leaders at Arewa Summit

Northern Leaders Urge Action on Almajiri Crisis, Equitable Resources at Arewa Summit in Kaduna

Bashir Adewale Adeniyi Customs Boss

JUST IN: Tinubu Extends Tenure of Customs CG Bashir Adeniyi

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • Purported Resignation: Who are after NNPC Boss Bashir Ojulari
  • Will Presidential Gifts Follow as Nigerian Female Basketballers D’Tigress Reach 5th Consecutive AfroBasket Final?
  • After ₦250m Ransom Demand, Security Guard Arrested for Murder of Caregiver, Toddler in Abuja School
  • Olubaka of Oka Praises Foundation for “Best Oka Day” Festival
  • NIPR FCT Chapter Focuses on Crisis Communication and Professionalism
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
Purported Resignation: Who are after NNPC Boss Bashir OjulariWill Presidential Gifts Follow as Nigerian Female Basketballers D’Tigress Reach 5th Consecutive AfroBasket Final?After ₦250m Ransom Demand, Security Guard Arrested for Murder of Caregiver, Toddler in Abuja SchoolOlubaka of Oka Praises Foundation for "Best Oka Day" FestivalNIPR FCT Chapter Focuses on Crisis Communication and ProfessionalismTroops Eliminate Dozens of Terrorists, Arrest 578 Suspects in July OperationsFG Reacts to Niger Governor’s Closure of Badegi FMInformation Ministry Inaugurates Anti-Corruption Unit to Deepen TransparencyIG Boosts Police Intelligence Capacity with New Tech, Training for Technical Intelligence UnitAnambra Police Nab Wanted Kidnap Suspect in KadunaCustoms Just Wrote Nigeria's Energy RulebookLawyer Sues Housing Ministry, FHA Over Alleged Property RedesignNavy to Establish  Base in Kebbi to Tackle Inland Waterway CrimesArmy Commander's Compassion Keeps 100 Students in School in ZamfaraSam Obi Sponsors 500 Students in Evergreen, SimplifiedIQ's Education Program
X whatsapp