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Nairaland Forum / Nairaland / General / Politics / Buhari Sets 11,000mw Target By 2023 (10587 Views)
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Buhari Sets 11,000mw Target By 2023 by agwom(m): 5:23am On Jul 23, 2019 |
President Muhammadu Buhari yesterday unveiled a new power target for the country, following the signing of an electricity road map agreement between the Federal Government and German-based Siemens. The signing of the implementation agreement was held at the Presidential Villa, Abuja. The Director General of the Bureau of Public Enterprise (BPE), Dr. Alex Okoh signed on behalf of the federal government and the Chief Executive Officer of the Siemens, Mr. Joe Kaeser signed for the firm. The deal, our correspondent reports, was the product of a meeting President Buhari held with German Chancellor, Angela Merkel on August 31, 2018. Speaking after the signing, the president said the government’s goal was to deliver electricity to Nigerian businesses and homes. The president said: “My challenge to Siemens, our partner investors in the Distribution Companies, the Transmission Company of Nigeria and the Electricity Regulator is to work hard to achieve 7,000 megawatts of reliable power supply by 2021 and 11,000 megawatts by 2023 – in phases 1 and 2 respectively. “After these transmission and distribution system bottlenecks have been fixed, we will seek – in the third and final phase – to drive generation capacity and overall grid capacity to 25,000 megawatts.” He said with the strong commitment to the development of Mambilla Hydroelectric and the various solar projects under development across the country, the long-term power generation capacity will ensure adequate energy mix and sustainability in the appropriate balance between urban and rural electrification. “Our intention is to ensure that our cooperation is structured under a Government-to-Government framework. No middlemen will be involved, so that we can achieve value for money for Nigerians. We also insist that all products be manufactured to high quality German and European standards and competitively priced. “It is our hope that as the power situation improves, we will improve investor confidence, create jobs, reduce the cost of doing business and encourage more economic growth in Nigeria,” he said. The president said “Previous governments have explored state funded solutions through the ill-prepared National Independent Power Projects (NIPP). They also explored the installation of large emergency power projects. There was also the partial privatization of the power generation and distribution sectors. “These various interventions to solving the electricity problem have yielded an imbalance between the amount of power generated and the amount available for consumers.” He said despite over 13,000 megawatts of power generation capacity, only an average of 4,000 megawatts reach consumers. “Now, we have an excellent opportunity to address this challenge. This government’s priority was to stabilise the power generation and gas supply sector through the Payment Assurance Facility, which led to a peak power supply of 5,222 MW. Nonetheless, the constraints remained at the transmission and distribution systems.” In an interview after the signing of the pact, the CEO of Siemens, said the partnership will enable the country enhance its power delivery capacity significantly. He said the power target will lead the country to the next industrial phase. Also speaking to newsmen, the Director General of BPE described Siemens as a credible partner. “If you look at the amount of losses that is being experienced in the entire power sector, they are huge. “That is why we welcome this intervention and we believe that within the timelines that have been directed by Mr. President, we will be able to significantly improve power supply in the country,” he said. Read more: https://www.dailytrust.com.ng/buhari-sets-11000mw-target-by-2023.html 4 Likes
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Re: Buhari Sets 11,000mw Target By 2023 by oismail(m): 5:37am On Jul 23, 2019 |
Wao |
Re: Buhari Sets 11,000mw Target By 2023 by Acedave1(m): 5:47am On Jul 23, 2019 |
and 10000mw will be generated to his house that is the deal when he leaves office from a reliable source 24 Likes 2 Shares |
Re: Buhari Sets 11,000mw Target By 2023 by Karemarealty288(m): 5:54am On Jul 23, 2019 |
Commendable. 3 Likes |
Re: Buhari Sets 11,000mw Target By 2023 by argon500: 5:55am On Jul 23, 2019 |
Enough abeg.... While solutions to epileptic power is not rocket science... 3 Likes 1 Share |
Re: Buhari Sets 11,000mw Target By 2023 by tayebest(m): 6:19am On Jul 23, 2019 |
7000Mw of power was sustained in 2018, having 11000Mw by 2023 won't be a bad idea. Na promise and fail we no go just like. 17 Likes |
Re: Buhari Sets 11,000mw Target By 2023 by Pamatips: 6:30am On Jul 23, 2019 |
lol. They don't know what 11k means....... Fashola said it will take him 6 months to fix power but it's over four years..... is that not incompetence? 59 Likes 3 Shares |
Re: Buhari Sets 11,000mw Target By 2023 by Gandollar(f): 6:33am On Jul 23, 2019 |
A responsible government will fix the power issues within six months, it's not rocket science. -Fashola 35 Likes 2 Shares |
Re: Buhari Sets 11,000mw Target By 2023 by Adonko(m): 6:34am On Jul 23, 2019 |
Anything Buhari is a total waste of data reading it. I have never seen a dull and lazy president like Buhari in my entire life even idi Amin is far better that Buhari. Such incompetent and brainless human. 49 Likes 3 Shares |
Re: Buhari Sets 11,000mw Target By 2023 by Ikegift4real(m): 6:35am On Jul 23, 2019 |
Which set goals has Nigeria ever achieved. Remind me in 2023. 9 Likes |
Re: Buhari Sets 11,000mw Target By 2023 by juvewalex(m): 6:43am On Jul 23, 2019 |
In other clime it's very achievable but highly impossible here in Nigeria because of our reputations. 3 Likes |
Re: Buhari Sets 11,000mw Target By 2023 by daddytime(m): 6:46am On Jul 23, 2019 |
Let's just hope the record gets broken this time and the set targets are achieved. But I'm afraid, what we'll get might just be 11,000 km instead of 11,000 MW Nigeria matter dey tire person jare 2 Likes |
Re: Buhari Sets 11,000mw Target By 2023 by Flyingngel(m): 6:50am On Jul 23, 2019 |
This one is like taking coal to new China. Since many of our electrical installations are either archaic or dilapidated, why can't the federal remove power distribution from exclusive list to concurrent list so that state government that has the capacity to generate electricity can go ahead and even sell the excess to other state? 10 Likes |
Re: Buhari Sets 11,000mw Target By 2023 by olaolaking: 8:55am On Jul 23, 2019 |
Pamatips:Please when did he say it? Are you a liar. Because I know Fashola never said it. 3 Likes |
Re: Buhari Sets 11,000mw Target By 2023 by CodeTemplar: 9:03am On Jul 23, 2019 |
We will... We shall.... When you disobey court orders who will be alive to enjoy those imaginary facilities? 1 Like |
Re: Buhari Sets 11,000mw Target By 2023 by EnergyGaadd: 10:00am On Jul 23, 2019 |
Impossible |
Re: Buhari Sets 11,000mw Target By 2023 by ihatebuhari(f): 10:01am On Jul 23, 2019 |
Most useless country I’ve ever seen. I live in a nation where the total power grid is over 1 gigawatts. It will never be well with Nigeria corrupt past and present leaders I’ll keep on thanking my mom for making it possible for me and my siblings leaving that shithole It will never be well with Nigeria for making a lot of potential youth jobless and risking their life for nothing, imagine a Nigeria with steady power supply!!! 18 Likes |
Re: Buhari Sets 11,000mw Target By 2023 by sucessdriven: 10:01am On Jul 23, 2019 |
me 3 Likes
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Re: Buhari Sets 11,000mw Target By 2023 by Skepticus: 10:01am On Jul 23, 2019 |
![]() The fact that some people who commented above believe this would work shows how gullible the Nigerian populace are. Politicians know that we would take any of their nonsense that's why they issue empty political rhetorics knowing that the brain dead fools will lap it up. 5 Likes |
Re: Buhari Sets 11,000mw Target By 2023 by KvngEric: 10:02am On Jul 23, 2019 |
Story story? Story! Check my profile if u want best deals Samsung S6 edge with free pouch and screenguard - 45k IPad 2 16gb wifi version - 30k iPhone 6s plus 16gb - 65k |
Re: Buhari Sets 11,000mw Target By 2023 by mknigeriagreat: 10:02am On Jul 23, 2019 |
And it shall be possible by God's grace. To those of you that will wish it doesn't happen, na una go dey dey inside dark or dey burn money ontop fuel for generators. For dem leaders, na our tax dem go use they service them electricity. So wish this country well. So many distractions for African leaders and all these also contribute to our problems. See the car below. Come for it at a giveaway price. Tokunbo for a very unbelievable price. Click on my signature. 1 Like
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Re: Buhari Sets 11,000mw Target By 2023 by Nobody: 10:02am On Jul 23, 2019 |
we all know it wont materialise 1 Like |
Re: Buhari Sets 11,000mw Target By 2023 by martineverest(m): 10:03am On Jul 23, 2019 |
wrong headlines |
Re: Buhari Sets 11,000mw Target By 2023 by abc115: 10:03am On Jul 23, 2019 |
Kudos PMB |
Re: Buhari Sets 11,000mw Target By 2023 by airminem(f): 10:03am On Jul 23, 2019 |
Who is Nigerians Minister of power first as of today mr President. 2 Likes |
Re: Buhari Sets 11,000mw Target By 2023 by wonlasewonimi: 10:04am On Jul 23, 2019 |
Alainikanse 1 Like |
Re: Buhari Sets 11,000mw Target By 2023 by martineverest(m): 10:05am On Jul 23, 2019 |
tayebest:stop reading headlines.....read the content. he projected 25000MW 2 Likes |
Re: Buhari Sets 11,000mw Target By 2023 by kolafolabi(m): 10:05am On Jul 23, 2019 |
Only on paper 1 Like |
Re: Buhari Sets 11,000mw Target By 2023 by jamezman(m): 10:05am On Jul 23, 2019 |
And later end up losing the available mW in the country grid.. |
Re: Buhari Sets 11,000mw Target By 2023 by shadeyinka(m): 10:05am On Jul 23, 2019 |
Paper talk as usual: 1. How do you intend to achieve this feat? 2. What is out timeline and projection? I am tired! 5 Likes |
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