The Federal Government has said terrorists are sabotaging efforts to provide steady and reliable power supply to Nigerians, especially in the North East region.
The Minister of Power, Abubakar Aliyu, said this at the end of the Federal Executive Council (FEC) meeting presided over by Vice President Yemi Osinbajo, at the Presidential Villa, Abuja.The minister, who cited the case of the North East, North West and North Central, said after power infrastructure were brought down by vandals and restored, they were again vandalised.
Aliyu added, 10 transformers to be installed across the country to improve power transmission.
FG PROMISE 5,505 Megawatts electricity SUPPLY for peak generation
The Federal Government has activated a partial Power Purchase Agreement, PPA, with electricity generation companies, GenCos, for the supply of 5,505 Megawatts (mw) of electricity for peak generation and a base load of 4,893mw.
The move, which is part of efforts by the government to improve electricity supply, takes effect from today, July 1, 2022. The agreement was reached on Tuesday with the operators.
The agreement guarantees payment for gas supplied to the GenCos by gas companies and also ensures that the generation companies are paid for power supplied to the national grid.
With the new agreements it means all the 25 power generation plants on the grid now have an agreement in place to generate a certain amount of power and get paid for it.
The Chairman of the Nigerian Electricity Regulatory Commission, NERC, had earlier in June assured consumers that the sector would generate about 5,000mw from July 1, 2022.
Discover more from LN247
Subscribe to get the latest posts sent to your email.