President Muhammadu Buhari says careful studies are already under way to identify the quickest, safest and cost-effective way to bring light and relief to Nigerians.
Buhari made the remark in his inaugural speech on Friday in Abuja shortly after taking the oath office.
According to him, no single cause can be identified to explain Nigerian’s poor economic performance over the years than the power situation.
“It is a national shame that Nigeria spent close to 20 billion dollars on power in 16 years only generate 4,000MW of electricity.
“It is a national shame that an economy of 180 million generates only 4,000MW, and distributes even less.
“Continuous tinkering with the structures of power supply and distribution and close to $20billion expanded since 1999 have only brought darkness, frustration, misery, and resignation among Nigerians.
“We will not allow this to go on.
“We intend to attack the problem frontally through revival of agriculture, solid minerals mining as well as credits to small and medium size businesses to kick – start these enterprises.
“We shall quickly examine the best way to revive major industries and accelerate the revival and development of our railways, roads and general infrastructure,” he said.
The president said that careful studies are under way during this transition to identify the quickest, safest and most cost-effective way to bring light and relief to Nigerians.
Buhari promised to ensure that there is responsible and accountable governance at all levels of government in the country.
Privatization of NEPA must be reversed with immediate effect, else on amount of efforts will give uninterrupted supply of electricity.
ReplyDeleteAs we supported APC through social media, we will not relent on our efforts to contribute useful information to the new administration.
Up Nigeria! Up the People of Good Hope!
Its annoying that APC is gonna take the glory of what GEJ has done bcos GEJ has done enough work on power sector and it is not gonna take long we have a steady power
ReplyDeleteMy dear that's the irony of life.
DeleteMUMU talking. Where is d power supply ur GEJ has worked on...... Open ur eyes very well to see reality..... And stop talking like a original MUMU wit certificate.
DeleteMy dear that's d irony of life!
DeleteGod will help us
ReplyDeleteWhere is the power? What glory?
ReplyDeleteTIME will TELL!
ReplyDeleteThanks for addressing the issue Mr Buhari. Even after 3 months of Buhari government, Nigeria is still in darkness. No considerable amount of progress in power supply. However, we understand that changes cannot be optimized in an overnight. Though the post gives a hope to see a bright Nigeria soon, the reality is still vague.
ReplyDelete