The Minister of Power, Works and Housing, Mr Babatunde Fashola, is presently trying to seek alternative ideas from stakeholders on how to disburse the country’s stranded 2,000MW of power daily. Mr. Fashola had earlier confirmed that not all power generated by the generating companies (GENCOS) are being utilized. This is so, because of the poor transmission capacity, which has made it unable to transmit an excess of 2,000MW generated power.
Mr Babatunde Fashola, in his attempt at finding ideas recently urged Civil Society Organisations (CSOs) to come-up with ideas and suggestions on how the 2,000 megawatts (MW) stranded at the national grid can be efficiently used. Fashola gave the charge at an interactive session with CSOs and other stakeholders in Abuja on the Power Sector Recovery Programme (PSRP) of the Federal Government.
The PSRP is a series of policy action, operational, governance and financial interventions to be implemented by the Federal Government over the next five years to reset the Nigerian Electricity Supply Industry (NESI). The minister stated that the emphasis should be on how the stranded power now available could be efficiently distributed. He said the action was the focus of government and the power sector operators in line with the PSRP initiatives.
He said: “The reality is that we have 7,000MW and we are selling 5,000MW. So, the conversation we should be having is how to connect to the remaining 2,000MW.”