The federal executive council has approved the national policy on renewable energy and energy efficiency. The draft energy policy was approved by FEC aimed at increasing access to electricity using renewable energy mix, create new business opportunities, new jobs, support global efforts towards green economies and address climate change problems.
According to the minister of power Chinedu Nebo there has been skeletal policies in the past by various government that has not addressed the electricity needs of the remote areas of the country that are far flung from the national grid. He said the gas does not get to the turbine to supply electricity. ‘If you give us gas, we will produce 5500 megawatts worth of electricity.
‘So long as we continue to depend on gas that is highly vulnerable and susceptible to attacks on a regular basis. Sometimes I want to cry. You finish the repairs which you think you have done within hours, it has been burst.
‘I think the incoming government will be ill advised to reverse the privatisation and liberalisation of power generation, transmission and distribution because any attempt to do so would set Nigeria back many decades. The gains of privatisation are very obvious. If we can solve the problem of gas like we are talking about energy mix, we are not just using gas, we are doing hydro. It was the same administration that flagged off the Zungeru hydro power plants for 750megawatts, we are about to flag off the Mambilla 3050 megawatts, Shiroro has been improved, revamped, and Kainji revamped and improved, the same as Jebba.
‘So there is a lot of work been done by the government. However, to turn back on privatisation would mean stopping all these companies and then reversing the massive inflow of investments coming with the power sector. Nigeria’s power consumption per capita is one of the lowest in the world and that is part of the efforts of government to reverse that. So I don’t think it is in the best interest of the country.
“IPOB is being sponsored by those I will call the Coalition of the politically disgruntled and the treasury looters. They believe that by sponsoring this group to destabilize the country and trigger chaos, they will realize their ambition of escaping justice and then be free to dip their hands into the nation’s treasury again.”
-Lai Mohammed(Nigeria’s Information Minister on IPOB)
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