The federal government says the 10 power plants under the National Integrated Power Project (NIPP) will be ready this year.
Governor of Ekiti state, Dr Kayode Fayemi disclosed this while briefing State House Correspondents after the 25th meeting of the board of the Niger Delta Power Holding Company chaired by Vice President Namadi Sambo in the Presidential Villa.
The board confirmed the June 2013 deadline for distribution companies to finish their work while transmission companies will terminate their contracts by December 2013.
The board also noted that there was substantial gas available though still not enough, adding that the NNPC and Shell have given assurance about the supply of the product.
The board said it has budgeted N5.3 billion for its operations this year promising that issues of insecurity and settlement of administrative bottlenecks are now a thing of the past.
The NIPP was planned in 2004 as a fast track project with 10 power stations to address the issues of low electricity generation in the country.
Since its inception the project has been fraught with delays from insecurity to embezzlement of fund.
