President Bola Ahmed Tinubu has declared that despite the nation’s current rate of energy supply, his administration is poised to address all the obstacles militating against stable electricity supply in the country.
He said his administration will bring solutions to the multifarious challenges across the electric power sector value chain which will significantly relieve longstanding problems of suppressed demand and improve the steadiness of peak supply for Nigerians, affirming that improved energy generation and distribution is an imperative for accelerated national growth.
President Tinubu spoke at the groundbreaking ceremony of the new 350 MegaWatts Gwagwalada Independent Thermal Power Plant (Phase 1) where he urged the NNPC and its partners to deliver the landmark project within the promised three years completion timeline, insisting that, three years must be three years.
President Tinubu noted that a swift improvement in the stability and quantum of energy supply will enhance national economic development, which remains a cardinal priority of his administration.
President Tinubu pledged his administration’s commitment to addressing the power challenges and gas utilisation with a clear focus on advancing the diversification of its energy mix.
Similarly, the Group Chief Executive Officer of the NNPC Ltd, Mele Kyari, stated that the NNPC Ltd will leverage on the nation’s endowment of gas resources to power the nation’s industrial growth and stimulate ubiquitous job creation, adding that, through the project, the NNPC Ltd would be providing a huge boost to the national grid.
Kyari assured the President that NNPC Ltd will continue to execute power projects to enhance energy security, noting that several of such have already been completed. These, according to the NNPCL Group CEO, include the 50MW Maiduguri Power Plant, and the 900MW and 1,300MW power plants in Kaduna and Kano, respectively.
The colourful event was witnessed by many dignitaries and senior government officials, including the Borno State Governor, Prof. Babagana Zulum, Governor of Nasarawa State, represented by his Deputy, Royal Fathers, the Chinese Ambassador to Nigeria, among others.
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