Speaking in London recently on electricity, Nigeria’s Minister of Power, Professor Chinedu Nebo, told journalists that power generation in the country is beyond 4,000 megawatts regardless of contrary speculations but admitted that consistent power supply would still take years to attain, regardless of the administration in office.
It was a meeting with Nigerians resident in London, and the Minister decried the spate of sabotage on gas pipelines as one of the factors restricting further progress.
For him, the solution lies first in dealing with the spate of gas pipeline vandalism then attracting more private funds to the sector.
According to Prof Nebo, moving forward requires alternatives that can support the National Integrated Power Projects, some of which take at least four years to materialise. The same goes for transmission.
Responding to the expectations of 24-hour electricity supply, the Minister said that this was not attainable even in four years, regardless of the administration in power.
However, he promised significant improvement with the efforts in progress.
Sub Sahara Africa Economist at the Bank of America, Oyin Anubi, also explained how power currently impacts on the nation’s economic outlook internationally.
British born but of Nigerian descent, she admitted that several visits to the country reveals the difficulties many citizens grapple with. She gave recommendations on how to deal with the challenge.
The general belief at the event was that while the big plan unfolds, smaller incentives and new alternatives are clearly needed.