President Bola Ahmed Tinubu reaffirmed his commitment to fulfilling his campaign promises of achieving uninterrupted power supply across Nigeria. He expressed his readiness to tackle all obstacles hindering stable electricity supply in the country.
The president made these remarks during the ground-breaking ceremony of the new 350MW Gwagwalada Independent Thermal Power Plant (Phase 1) in the Federal Capital Territory, FCT Abuja. He emphasized that his administration would seek solutions to the various challenges faced by the electric power sector value chain.
President Tinubu highlighted the significance of improved energy generation and distribution for national development and growth. He urged the Nigerian National Petroleum Corporation (NNPC) and its partners to ensure that the landmark project is completed within the promised three-year timeline, asserting that the deadline must be adhered to.
Despite the current substantial supply-gap deficits in the Nigeria Electricity Supply Industry (NESI) due to deteriorating power infrastructure and distribution networks, the President assured that his administration is determined to address every challenge in the power value chain.
The goal is to significantly meet the suppressed demand, enhance power generation, and elevate the national peak growth and sustainability far beyond the current inadequate 5,300MW for the country’s population of over 200 million people.
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