• 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
    • Tinubu Jets to Brazil After Japan Summit, Eyes Trade, Security Deals

      Comptroller-General of Customs, Bashir Adewale Adeniyi (MFR), hosted the Executive Chairman of FIRS, Dr. Zacch Adedeji,

      Customs and the “National Single Window” Project

      FG Earmarks N13bn to Boost Power Infrastructure in Lagos, Ogun

      Centre for Crisis Communication, CCC,

      CCC Reviews Keyamo’s Crisis Management in Aviation Disputes

      NITDA Applauds Tech Giants for Advancing Online Safety in Nigeria

  • National
    • Officers of NCS as it rounds off its Strategic Reputation Management Campaign in Zone 'D', Bauchi

      Customs Consolidates Reforms as Reputation Campaign Wraps Up in Zone ‘D’

      CG Custom Bashir Adewale Adeniyi and Zacch Adedeji

      Is Zacch Adedeji Building Bridges for Nigeria’s Revenue Future? By Yushau…

      Army soldiers security

      Mattress of Terror: Can Nigeria Ever Be Truly Secure? By Haroon…

      ACF

      Arewa Consultative Forum Engages Influencers to Amplify Northern Identity

      Delegations Arrive Abuja for Inaugural African Defence Chiefs Summit

    • Government
      • CG Custom Bashir Adewale Adeniyi and Zacch Adedeji

        Is Zacch Adedeji Building Bridges for Nigeria’s Revenue Future? By Yushau…

        ACF

        Arewa Consultative Forum Engages Influencers to Amplify Northern Identity

        FG, States, LGs Share N2.001trn for July, Says FAAC

        FG Unveils Personal Income Tax Calculator Under New Reform Laws

        Saudi Arabia Conducts Life-Saving Cardiac surgeries in Kano

        Saudi Arabia Conducts Life-Saving Cardiac Surgeries in Kano

  • Security
    • Officers of NCS as it rounds off its Strategic Reputation Management Campaign in Zone 'D', Bauchi

      Customs Consolidates Reforms as Reputation Campaign Wraps Up in Zone ‘D’

      Nigerian Navy Personnel

      Navy Dismantles Illegal Refining Site in Bayelsa

      Army soldiers security

      Mattress of Terror: Can Nigeria Ever Be Truly Secure? By Haroon…

      Police Recover arms from Boko Haram in Borno

      Man, 65, arrested for illegal arms deal in Anambra – Police

      Delegations Arrive Abuja for Inaugural African Defence Chiefs Summit

  • Features
    • CG Custom Bashir Adewale Adeniyi and Zacch Adedeji

      Is Zacch Adedeji Building Bridges for Nigeria’s Revenue Future? By Yushau…

      Army soldiers security

      Mattress of Terror: Can Nigeria Ever Be Truly Secure? By Haroon…

      The Arrest of Ansaru Kingpins Mahmud Muhammad Usman aka Abu Bara’a, and Mahmud al-Nigeri aka Mallam Mamuda

      Ribadu and the fall of Ansaru By Senator Iroegbu

      Fixing the Fault Lines in Nigeria’s Culture of Recognition, By Mukhtar…

      How Desperation Turns Nigerian Job Seekers Into Scam Targets By Tahir…

  • State
    • Nigerian Navy Personnel

      Navy Dismantles Illegal Refining Site in Bayelsa

      ACF

      Arewa Consultative Forum Engages Influencers to Amplify Northern Identity

      CRUSHING BLOW: other Top Boko Haram commanders neutralized in Bita, Wigo

      CP Jimoh Moshood

      Lagos Police Intercept Vehicle Loaded with Cannabis

      ACF

      ACF Decries Worsening Insecurity in the North

  • Event
    • President Bola Ahmed Tinubu

      His Death is a National Loss, Tinubu Mourns Emir of Zuru

      Umar Lauya

      Umar Lauya Declares Candidacy for NYCN Presidency, Vows to Unite and…

      The Executive Secretary/CEO of the National Sugar Department Council (NSDC), Mr. Kamar Bakrin (L), with the CEO of Legacy Sugar Company, Alh. Abubakar Isa Musa (R), during the signing ceremony.

      NSDC, New Operators Seal Landmark Development Agreements, to Produce 400,000MT of…

      Regional Vice President Western and Central Africa at the World Bank, Mr Ousmane Diagana pays a courtesy visit to Baze University

      World Bank Vice President visits Baze University, Commends Educational Standards, Assures…

      NIPR President Ike Neliaku and a recently inducted PR professional from Kano

      PHOTOS: NIPR Inducts 80 New PR Professionals in Kano to its…

    • 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:

  • Navy Dismantles Illegal Refining Site in Bayelsa
  • Is Zacch Adedeji Building Bridges for Nigeria’s Revenue Future? By Yushau A. Shuaib
  • Mattress of Terror: Can Nigeria Ever Be Truly Secure? By Haroon Aremu Abiodun

        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

Officers of NCS as it rounds off its Strategic Reputation Management Campaign in Zone 'D', Bauchi

Customs Consolidates Reforms as Reputation Campaign Wraps Up in Zone ‘D’

CG Custom Bashir Adewale Adeniyi and Zacch Adedeji

Is Zacch Adedeji Building Bridges for Nigeria’s Revenue Future? By Yushau A. Shuaib

Army soldiers security

Mattress of Terror: Can Nigeria Ever Be Truly Secure? By Haroon Aremu Abiodun

ACF

Arewa Consultative Forum Engages Influencers to Amplify Northern Identity

Delegations Arrive Abuja for Inaugural African Defence Chiefs Summit

Troops of Operation FANSAN YANMA

Troops Neutralise 7 Bandits, Recover Motorcycles in Katsina

Rotimi Pedro, Karimah Bello, Stella Din Jacob, Sophia Essahmed

PHOTOS: Finally, President Tinubu Confirms Pedro as NTA DG, Announces Three Female Executive Directors

FG, States, LGs Share N2.001trn for July, Says FAAC

FG Unveils Personal Income Tax Calculator Under New Reform Laws

ACF

ACF Decries Worsening Insecurity in the North

Saudi Arabia Conducts Life-Saving Cardiac surgeries in Kano

Saudi Arabia Conducts Life-Saving Cardiac Surgeries in Kano

Chief of Defence Staff (CDS), Gen. Christopher Musa

CDS Musa Charges Citizens to Learn Combat Skills for Self-Defence

LEAVE A REPLY Cancel reply

Log in to leave a comment

Recent Posts

  • Customs Consolidates Reforms as Reputation Campaign Wraps Up in Zone ‘D’
  • Navy Dismantles Illegal Refining Site in Bayelsa
  • Is Zacch Adedeji Building Bridges for Nigeria’s Revenue Future? By Yushau A. Shuaib
  • Mattress of Terror: Can Nigeria Ever Be Truly Secure? By Haroon Aremu Abiodun
  • Arewa Consultative Forum Engages Influencers to Amplify Northern Identity
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
Navy Dismantles Illegal Refining Site in BayelsaIs Zacch Adedeji Building Bridges for Nigeria’s Revenue Future? By Yushau A. ShuaibMattress of Terror: Can Nigeria Ever Be Truly Secure? By Haroon Aremu AbiodunArewa Consultative Forum Engages Influencers to Amplify Northern IdentityMan, 65, arrested for illegal arms deal in Anambra - PoliceDelegations Arrive Abuja for Inaugural African Defence Chiefs SummitTroops Neutralise 7 Bandits, Recover Motorcycles in KatsinaCRUSHING BLOW: other Top Boko Haram commanders neutralized in Bita, WigoPolice Command Moves to Address Protest Concerns in AnambraPHOTOS: Finally, President Tinubu Confirms Pedro as NTA DG, Announces Three Female Executive DirectorsNigerian Military Refutes Misinterpretation of CDS Self-Defence CommentCDS, Katsina Lawmakers Strategize to Tackle BanditryFG, States, LGs Share N2.001trn for July, Says FAACLagos Police Intercept Vehicle Loaded with CannabisFG Unveils Personal Income Tax Calculator Under New Reform Laws
X whatsapp