The minister of Power, Works and Housing, Babatunde Fashola, has expressed optimism that given the various plans undertaken by the present administration in the power sector, electricity generation would increase by an additional 2,000 megawatts (MW) by the last quarter of 2016.
The minister, who stated this at the ministry’s budget defence before the Senate Committee on Power and Mines in Abuja yesterday, added that a lot had changed in the management of power in the country in recent times.
He explained that distribution of power is no longer government business, noting that it had been taken over by private companies with the transmission aspect being managed by Manitoba International, a Canadian firm.
The minister, in a statement yesterday by the ministry’s assistant director, press, Etore Thomas, said the 2016 budget focuses more on the transmission chain, completion of ongoing projects, refurbishing power plants and tackling gas supply issues.
The minister noted that if all these are well addressed, the expected projection would boost electricity generation in the country.
Fashola further stated that the ministry planned to take its role as a policy maker more seriously while the agencies will be tasked more on implementation and execution of government’s agenda for the sector.