Minister of Power, Prof. Chinedu Nebo, says it is impossible to provide constant, uninterrupted electricity to everyone in Nigeria in the near future. Speaking with newsmen in London over the weekend, the minister said:
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“Nobody in the world can provide 24/7 electricity everywhere in Nigeria”, adding that 160,000 megawatts would be needed to do that. The current capacity is 4,500 megawatts.
“The cost of providing electricity per megawatt on average is $2billion. To get to where South Africa is, you will need about $3.2trillion (about N672trillion). Where will you find that kind of money?”
“You don’t buy these things off the shelves. It takes time to design, study, procure, manufacture, install and commission”, he said, but explained that the government had done so much on generation capacity, transmission and distribution infrastructure, which are key necessities in power supply.
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