GTB 737 banner Yudala banner

N2.74 trillion spent on power sector from 1999 to 2015, only to generate more darkness — Dogara

By Mayowa Okekale, Abuja on 08/02/2017

Share on facebook Yahoo mail icon Gmail icon

Views: 631


The Nigerian power sector has over the years, been faced with many intimidating and daunting challenges of darkness, despite N2.74 trillion spent on the sector from 1999 to 2015, resulting in more darkness. Speaker of the House of Representatives, Yakubu Dogara stated this in his opening remarks at the two-day stakeholders interactive workshop organised by the National Assembly on the Nigerian power sector, adding that “the more we spend on the power sector, the more darkness we attract.”

At the on-going event in Transcorp Hilton on Tuesday, Dogara pointed out that the challenges being experienced in the sector run across the entire power value chain of Generation, Transmission and Distribution. He stated that the myriad issues are apparently exacerbated by inadequate funding, poor energy mix, fuel supply issues, flawed regulatory framework, and commercial issues, adding that there is a need for stakeholders to address these problems.

Speaking on the objective of the workshop, Dogara said it will provide a platform for stakeholders to carry out a holistic diagnosis of the challenges impeding the development of the Nigerian Electricity Supply Industry (NESI) and proffer practical solutions.

He averred that the diagnosis include but not limited to a critical analysis of the extant legislations and regulatory framework guiding the Nigerian power sector to determine if there is a need for amendments or enactment of new laws that will galvanise the sector to deliver the required results.

The Speaker threw some posers to the participants: “Why has power generation remained at less than 5,000MW since the last 56 years?” Why have various policies by successive governments failed? Why has the transmission infrastructure remained inadequate in wheeling the available power? How can the Federal Government rapidly expand the transmission infrastructure? Why are electric metres not available to most consumers thereby leading to contentious estimated billing? How can NERC establish a cost reflective tariff and reduce inefficiency in support of affordable end user tariffs? Why has there not been an effective Gas Master Plan for Nigeria which would have preceded the building of the gas fired power plants? What is the solution to the perennial pipeline vandalism that disrupts delivery of gas to the gas fired power plants?”

He said that he was confident that the array of stakeholders gathered at the event were eminently capable of dealing with the questions and would provide solutions. 

Source News Express

Posted 08/02/2017 05:07:52 AM

 

Share on facebook Yahoo mail icon Gmail icon


 

CLASSIFIED ADS

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

 

You may also like...
Patience Oniha succeeds Abraham Nwankwo as DMO Director-General...

Nigeria oil, gas provide investments in excess of...

Free newspaper readers fight over Jonathan, Buhari in...

Anambra loses ex-Speaker

National Conference delegates worry over religious crisis, seek...

Senate rejects doctored version of 2016 budget from...

At last, here’s the MEGA PARTY to fight...

Gov. Umahi reverses appointment of 16 new Perm....

APC’s anti-graft policy marred by double standard —PDP...

Obiano to immortalise Ozoemena Nsugbe, pays final tribute...

SHOCKER: Osun State gets ONLY N6m from Federation...

Obiano moves to solve Anambra’s electricity problem, signs...

 

Latest News Soccer star bags 9 years jail term for alleged gang-rape 40 human traffickers nabbed Enugu budgets N1.5b for rehabilitation of 14 roads BLACK FRIDAY: Yudala records unprecedented spike in online traffic NIPC inaugurates centre with software to boost investments Mass housing: Lagos to allocate ready estates to first-time homeowners NSE turnover volume improves by 55.11% Buhari demands improved efforts against piracy, human trafficking •Emerges Chairman of Gulf of Guinea Commission Osun Govt. orders clampdown on tax defaulting federal MDAs Senate names members of committee to probe EFCC, DSS clash Our call on Deltans, investors yielding results — Okowa DSS, a clog in the fight against corruption, says CDHR

 

Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (295,828 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (279,425 views) Shameless Genevieve Nnaji exposes breasts in public (225,922 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (190,093 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (181,554 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (166,625 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (144,502 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (130,816 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (127,631 views) Lagos plane crash: Journalist releases victims’ names (116,730 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (113,990 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (108,480 views)

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (31) Business (2,781) Business Verdict (26) Columnists (771) Complaints & Requests (93) Enterprise & Opportunities (187) Entertainment (408) Features (510) Global Business Monitor (192) International (1,654) Interviews (138) Live Commentary (28) Love Matters (84) News (30,483) Opinion (838) Pidgin (9) Politics (4,125) Religion (649) Sports (1,357) Stock Watch (24) AMA & Al Jazeera Global Update

 

UBA mobile app

CBN Words on marble

 

 

Argentina vs Nigeria

 

APO Group Partner

 

CLASSIFIED ADS

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera

Advertisement



 

 

CLASSIFIED ADS

Loss Off Your Belly Fats, Upper Arm Fat and Body Fats In 2weeks Time.. Click HERE To Start Now!

Let us build the most comprehensive online database of worthy and credible Nigerians from all walks of life. It is worth doing!