Saturday, 30 August 2014

Expect stable power supply by October – Minister

The Federal Government Friday promised that power supply will be stable in the country by October this year.

The Minister of Power, Prof. Chinedu Nebo, disclosed this to State House correspondents at the end of a meeting on power chaired by Vice President Namadi Sambo at the State House, Abuja.

Maintaining that other issues in the electricity value chain are being addressed in the country, he said that power supply has improved in the country in the past one week due to improved gas supply.

He also said the Federal Government is making arrangements to ensure that the bills of electricity generating companies are promptly paid.

He said:
    "The cheering news from all of
     these is that if you have noticed
     throughout the country in the
     past one week people have
     been getting better power
     supply."

     "The gas is now beginning to
      come back and it’s something
      that gives all of us a lot of joy.
      And we know that it will
      continue to grow that way even
      until December because of
      some of the facilities,
      maintenance and repair works
      on the gas equipment and so
      on."

     "The gas producers have come
      to a place where almost all of
      these are being taken care of
      and then the new gas we are
      expecting, we have them
      trickling in right now."

     "So that’s part of the shortfalls
      we’ve had in production up to
      this time, we hope that by the
      beginning of October, we will
      see a much better stabilisation
      of the entire power delivery
      system in the country."

     "First, I would say we rejoice
      that for the first time in a long
      time we have been averaging
      over 4,500MW when we
      include nearly 300MW of
      spilling reserve which is put
      there to ensure the reliability
      and stability of the grid at all
      time."

     "So, we are really moving
      forward; it may not be as rapid
      as Nigerians expect, but it is
      important to let everybody
      know that indeed we are
      advancing, we are making
      progress and we will continue
      to make progress.”

NATION

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