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Oriental News Nigeria
Home»Energy»Power»FG To Stabilize Power Supply, Opens Talk With Investors
Power

FG To Stabilize Power Supply, Opens Talk With Investors

By orientalnewsngSeptember 15, 2015No Comments1 Min Read
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Yemisi Izuora
Godknows Igali
The federal government has again restated its commitment to improve on power supply to support economic growth.

Permanent Secretary,Ministry ofr Power,Engineer God-knows Igali who gave this assurance in Lagos during the week  said government has entered into discussion with about 400 potential  investors who are willing to invest in the power sector.

Igali said the willingness of the  investors was accentuated by the  prospects inherent in the nation’s power sector and efforts of the current government to involve  investors to tap into same

He informed that the current visit  of  President Muhammadu Buhari   to France was part of the efforts of his administration to  explore avenues to grow the nation’s power sector.

He said the government is desirous of deepening the power generation space  in the country through the Mambilla  power project in the North,which  would generate  thousands of jobs in the country when completed

According to him, government target for this country is to  ensure  24-hours power supply that is constant, because for over 15-years before privitisation of the power sector there are critical power gap in the sector.

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