The Minister of Power, Works and Housing, Mr, Babatunde Fashola was a Guest Speaker at the January edition of the Nextier Power Dialogue, which held on Saturday at Abuja.
He stated in his opening address that Nigerians should expect steady electricity supply this year.
Fashola said the government was working towards implementing policies that would help improve gas and power supplies.
According to him, such policies would help realise a deepening of metering, sanctions for energy theft and better contract performance from Operators in the Power Sector as well as help achieve the financial strengthening of the Nigerian Bulk Energy Trading PLC (NBET).
The former governor of Lagos state listed the Kaduna Transmission Project as one of the projects aimed at increasing power supply. He said the project will be completed shortly along with other power asset projects in Lagos, Sokoto and other parts of the country.
“You hear us announcing that we commissioned one transmission project or the other, you see me going round for these commissioning; that is the Grid evolving.
Today, at its most frugal, it would support 6,500MW; pushed to its limit it would carry 7,200MW. So it is not true when you hear that the Grid capacity is not more than 5,000MW. It is growing every day and more projects are coming up. We have completed some and more are still coming up. So that is where we are.
“Now it means that notionally, if we had those 3,000MW plus 4,000MW we were already at 7,000MW. But we would not have it because some of our family members are angry”, he said.
Also, according to the Minister, “There are many power projects that will come on stream this year like the Gurara hydro power that we should begin to benefit from it by the end of this quarter because the power plant has been completed remaining just to transmit to Kudenda in Kaduna. Katsina Wind Mill will also be completed this year; the equipment for the completion have left Europe for Nigeria. Kaduna’s 215MW will also come on stream this year, and few others”.