The Minister of Power, Works and Housing, Mr. Babatunde Fashola, has expressed his confidence that given the various plans undertaken by the present administration in the power sector, the country may end 2016 with an additional 2, 000 megawatts (MW) of electricity in the national grid.
Fashola said this when the ministry defended its 2016 budget before the Senate Committee on Power and Mines in Abuja.
A statement from the ministry noted that he told the senators that a lot have in recent times changed in the management of power in the country.
However, going by the recent disclosure of the Transmission Company of Nigeria (TCN) that the country’s electricity generation has grown to over 5000MW, Fashola’s statement thus suggest that Nigeria may end 2016 with about 7000MW of on-grid electricity supply.
He noted that the ministry’s 2016 budget now focuses more on the transmission sector, completion of on-going projects, refurbishing of power plants and tackling gas supply issues which have been identified as key challenges of the sector.
Fashola explained that if all these are well addressed, the expected projection would boost electricity generation in the country by that figure.