The National Economic Council (NEC) has announced a 29
percent increase in power generation during the first six weeks of the Buhari
Administration.
The NEC also announced the extension of the Transmission
Company of Nigeria (TCN) management of the power sector by another year to
enhance the performance in the power sector.
To increase
transparency in the power sector, the NEC also announced the development of a
website www.nesistats.org that will enable Nigerians monitor developments in
the power sector.
This was made known
to State House correspondents by the Governor of Jigawa State Alhaji Badaru
Abubakar who joined the Anambra State Governor Willie Obiano, who briefed on
the outcome of the meeting presided over by the Vice President, Professor Yemi
Osinbajo.
NEC also said the
repair of hydro standard capacity of the Kainji, transportation of gas from
power plants to industrial off takers and fixing of major transmission
constraints are some of the top priorities of the government.
NEC directed state
governments to ensure prompt payment of electricity bills by the vendors as
well as provision of security to avoid vandalisation of distribution assets in
the country.
The vice president
and the state governors, who form the National Economic Council, also
brainstormed on several economic issues, ranging from the exchange rate of the
naira, to latest developments in the power sector since the inception of the
new administration.
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