FG To Give Coal Mines To Gencos To Improve Power Generation

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The Federal Government of Nigeria on Monday said it is set to make coal sites available to power generating companies operating in the country that demonstrate some level of seriousness. This was revealed by Kayode Fayemi, the minister of mines and steel development. He said this in Tarfa, Kaduna State during a facility tour of the African Steel Mill Complex, where he kick- started his tour of mine fields across the country, according to a statement released by Olayinka Oyebode, his special assistant on media. The minister confirmed that there have been numerous requests for coal sites by many business concerns and operators in the sector. He said the Federal Government’s main priority is how to use its coal to aid power generation in the country. Consequently, he said, the ministry would give priority to committed power companies as far as coal sites are concerned.

“We want to package our coal for use in power generation. We will give coal sites to serious-minded power companies,” Fayemi said.

The ministry of power, works and housing, would encourage power companies with demonstrated commitment to secure coal sites to boost power generation.

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