Logo
NEWS | Education | DJ MIX | OTHERS | SPORTS |


Logo

Logo

Logo
 
Logo


« | »

We Can’t Continue To Subsidise Power – FG


The Federal Government said on Wednesday that it would not continue to give subsidy to the power sector.

It called on Distribution Companies in the country to improve on their financial and technical capacity to deliver or the government would intervene more directly to find solutions to darkness.

The Minister of Power, Saleh Maman, said after the Federal Executive Council meeting on Wednesday that a “plan” had been submitted to the government, targeted at resolving the challenges faced by the sector.

He stated that the government was in talks with a German firm, Siemens, to be part of solutions it was seeking to address the challenges.

Giving an insight into some of the challenges, the minister said Nigeria had the capacity to generate 13,000 megawatts and could transmit 7,000MW.

However, he stated that much of the problems lay with the distribution companies, as they could only take 3,000MW to 4,000MW.

Worse still,  Maman said the DisCos would take the 3,000MW but pay for only 1,000MW, an indication of lack of financial capacity.

“Government will not continue to subside the sector.

TRENDING SONGS

Song Policeman, Soldier Arrested For Armed Robbery In Ondo Song Award Winning Presenter, Jane Bester Celebrates Her Birthday Today Song [Full EP] International Currency – The Genesis Song Merry Christmas To You All Song [Audio + Video] Yung Shef – Grace Song [Full Album] Tekno – Old Romance Song Congrats To Burna Boy And Wizkid As They Bagged Nominations At The 2021 Grammy Award Song 17-Year-Old Son Impregnates His Younger Sister In Nasarawa Song [Full Album] Timaya – Gratitude Song Tragedy: A Graduating Student Of Ogwashi-Ukwu Polytechnic Died On Her Graduation Day In Delta State

CLICK TO DROP YOUR COMMENT

Share this post with your friends on


0 Responses

Leave a Reply

NOTE:- Make your comment a bit long to get it approved.



Go Back To The Top

« | »


Looking for something? Search below





About Djkotech | Always Stay Connected

Akpore Eguono Love (born 04 May 2001), known professionally as Dj Kotech (sometimes stylized as Kotech joor), is a Nigerian disc jockey and a blogger. Dj Kotech signed a record deal with Mighty Men Empire (M.M.E) in 2016. He rose to prominence after releasing “Good Times” followed by “Oga Sars“. In February 2018, Dj Kotech […]more →