FG tar­gets 6,000mw elec­tric­ity ca­pac­ity by year end

Daily Trust - - NEWS TURKEY ASKS NIGERIA TO SHUT DOWN TURKISH COLL - By Si­mon Echewo­fun Sun­day

The Fed­eral Govern­ment has said it is tar­get­ing the at­tain­ment of 6,000megawatts (mw) gen­er­a­tion ca­pac­ity by the end of this year.

The Min­is­ter of State for Power, Works and Hous­ing, Mr. Mustapha Baba She­huri, said this yes­ter­day when he met with a del­e­ga­tion from the In­ter­na­tional Mone­tary Fund (IMF).

“We are ex­pect­ing that at end of the year, our gen­er­at­ing ca­pac­ity will be over 6,000mw by end of 2016, 10,000mw in 2019 and 30,000mw in 2030,” She­huri said.

The peak power gen­er­a­tion as at yes­ter­day was 2,751mw, about 378mw less than the 3,129mw at­tained on Wed­nes­day, daily power sta­tis­tics from the Trans­mis­sion Com­pany of Nige­ria (TCN) said.

While the high­est peak ever at­tained was 5074mw in Fe­bru­ary this year, the min­is­ter said with the re­cent Road Map to Power, time­lines and plans have been set for de­liv­er­ables.

He also con­tri­bu­tions ac­knowl­edged the of donor agen­cies in the power sec­tor. One of such is the loan pact of $273mil­lion ear­marked for the Nige­ria Bulk Elec­tric­ity Trad­ing Plc (NBET) as a Par­tial Risk Guar­an­tee (PRG) for in­vestors in power plants; the African De­vel­op­ment Bank (ADB) pro­vided an­other $200mil­lion for grid up­grade plan for the TCN, the min­is­ter said.

The Per­ma­nent Sec­re­tary, (Power), Louis Edozien said the chal­lenges from the in­ces­sant van­dal­ism of gas in­fra­struc­tures, has led to a de­vel­op­ment plan which iden­ti­fied stages of growth from 2017 to 2030.

He said that a lot of new re­new­able en­ergy sources would soon come up­stream in­clud­ing the 40mw Gu­rara dam (Kaduna), 40mw Kashim­billa dam (Taraba), 10mw wind farm (Katsina) and 30mw phase one of Ku­denda ther­mal plant (Kaduna).

The leader of the del­e­ga­tion and Chief of Mis­sion, IMF, Mr. Gene Leone, said: “...we are in­ter­ested in on-go­ing project ini­tia­tive, that would pos­i­tively im­pact on the lives of Nige­ri­ans, this will en­able the Fund to have bet­ter un­der­stand­ing of ar­eas of as­sis­tance or help in the quest of fill­ing those gaps.”

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