September 19, (THEWILL) – The Federal Government has set a target of 20,000 megawatts of power generation in the next three years.
THEWILL reports that Nigeria is currently generating 4,000MW of electricity.
But speaking on Tuesday, at the Nigeria Energy Summit in Lagos, Minister of Power, Adebayo Adelabu, insisted that President Bola Tinubu’s administration will meet the 20,000MW target by 2026.
The minister said he had diagnosed the challenges of power generation in the country and found out that the solutions were not as difficult as people believe.
His words: “As a politician, a Minister of Power, I also have a limited amount of time to spend, and I must make impacts. I am determined to make impacts. I have diagnosed the issues to a large extent, and I’ve found out that the solutions are not as difficult as we all believe.
“In setting targets for ourselves, we also need to set short-term targets. My own vision is for us to increase the stored capacity of our generation to at least 20,000 megawatts in the next three years. And it doesn’t stop there.
“We should be able to evacuate and transport this power at the minimum of 80 percent of the stored capacity to the end users of the exchange system.”