A Review of the Nigerian Energy Industry

Nigeria energy challenge a national shame – Buhari

President Muhammadu Buhari, at the inauguration ceremony heralding his swearing in at the eagle square in Abuja, Nigeria.
President Muhammadu Buhari, at the inauguration ceremony heralding his swearing in at the eagle square in Abuja, Nigeria.

29 May 2015, Abuja – The newly inaugurated President Muhammadu Buhari has described the epileptic power supply in the country as a “national shame” which must be tackled urgently.

The President said this in his inaugural speech at the Eagles Square in Abuja on Friday.

“The power situation is a national shame. It is not acceptable for an economy of a 150 million people to generate only 4000 megawatt and distributes even less,” he said.

He said fund expended on power generation and supply since 1999 was close to $20 billion but it has “only brought darkness, frustration, misery and resignation among Nigerians.”

Buhari therefore, vowed that: “We will not allow this to go on, we will identify the cheapest, safest and most effective way to bring light and relief to Nigerians.”
*Joshua Odeyemi – Daily Trust

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