The
National Economic Council (NEC) has announced a 29 percent increase in power
generation during the first six weeks of the Buhari administration.
The NEC also announced the extension of the
Transmission
Company of Nigeria (TCN) management of the power sector by another year to
enhance the performance in the power sector.
To increase transparency in the power sector,
the NEC also announced the development of a website www.nesistats.org that will
enable Nigerians monitor developments in the power sector.
This was made known to State House
correspondents by the Governor of Jigawa State Alhaji Badaru Abubakar who
joined the Anambra State Governor Willie Obiano, who briefed on the outcome of
the meeting presided over by the Vice President, Professor Yemi Osinbajo.
NEC also said the repair of hydro standard
capacity of the Kainji, transportation of gas from power plants to industrial
off takers and fixing of major transmission constraints are some of the top
priorities of the government.
NEC directed state governments to ensure
prompt payment of electricity bills by the vendors as well as provision of
security to avoid vandalisation of distribution assets in the country.
The vice president and the state governors,
who form the National Economic Council, also brainstormed on several economic
issues, ranging from the exchange rate of the naira, to latest developments in
the power sector since the inception of the Buhari administration.
The Central Bank Governor, Mr Godwin
Emefiele, briefed them on why the naira has been unstable in the money market
and what he is doing to address the situation.
No comments:
Post a Comment