Business Hilights

Tracking Nigeria's Headline Business News Online

Buhari Osibanjo in 2015
Energy

More Power Schemes, Less Supplies worry Nigerians

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Whereas the Federal Government continues to disclose beautiful projects on power supply, Nigerians have continued to think otherwise.
According to the government, four hydropower projects with a combined capacity to inject 110 megawatts of electricity to the national grid had been completed. It also announced that 11 other hydropower projects with a total capacity of 3,750MW of electricity had been initiated, as work was currently ongoing at the various project sites. The Minister of Water Resources, Suleiman Adamu, disclosed this in a document on the infrastructure development by the Federal Ministry of Water Resources. In the document, which was made available to our correspondent in Abuja on Monday by the FMWR, Adamu explained that Nigeria’s hydropower potential was 12,220MW, adding that Kainji, Jebba and Shiroro dams account for 1,930MW of this figure. He said, “To further boost energy sufficiency in hydropower generation, the ministry has completed and/or concessioned the following: Gurara Hydropower Project, Kaduna State, 30MW; Kashimbila Hydropower Project, 40MW; and Dadin-Kowa Hydropower Project, 40MW.” Nigeria’s power generation has been hovering around 3,500MW and 4,500MW despite the fact that the power generation and distribution arms of the sector were privatised since November 2013.

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