The Minister of Power, Works and Housing, Babatunde Fashola has lamented that about 3000MW of electricity was lost to vandalism which is working against the Federal Government’s quest to solving power challenges in the country.
Fashola who spoke to journalists at a press conference to mark his first year in office said the Federal Government was discussing with agitators to put an end to the destruction.
The Minister who assure Nigerians of availability of four million electricity prepaid meters soon, said electricity generation would continue to appreciate as more stations come on stream and contribute to the national grid.
According to him, the local manufacturers were getting ready to deliver them the prepaid meters.
He however called for patience on the part of Nigerians stressing that the Power Sector Privatization was just three years old and required more time to stabilize.
Fashola, electricity generation in Nigeria has improved considerably in the last 12 months, peaking at above 5074MW for the first time in the nation’s 63-year-old electricity history earlier this year.
He said this has created jobs for hitherto idle artisans, small and medium scale entrepreneurs and empowered other businesses.
The minister noted that the more than 800 containers of imported power generation and distribution components stranded at the ports for between three and eight years, have been released.
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