Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Nigerians enjoying better power supply under President Buhari – Fashola

    Nigerians enjoying better power supply under President Buhari – Fashola

    April 19, 2018
    Share
    Facebook Twitter LinkedIn WhatsApp

    …Says Nigerians spending less money on alternative power sources

    *Babatunde Fashola, Minister of Power, Works & Housing.

    Oscarline Onwuemenyi
    19 April 2018, Sweetcrude, Abuja – The Minister of Power, Works and Housing, Mr. Babatunde Fashola, has insisted that Nigerians have been enjoying constant power supply under the administration of President Muhammadu Buhari.

    Fashola, who stated this while speaking during the April 2018 edition of the monthly power sector operators’ meeting in Umuahia, Abia State, noted that Nigerians had been spending less money on alternative power sources, such as fuel for generators, because the country’s power situation had improved.

    According to him, well-meaning Nigerians were aware of the improvement, noting that the government was doing its best to work harder for them and improve service delivery.

    He said, “We are on a journey to a destination of promise and eventual prosperity and I use this occasion to salute the efforts and contributions of all those who have brought us this far.

    “Even if those who were most vocal in condemnation when the situation appeared very dire are now uttering some muted acknowledgment that it has improved, we must continue to draw inspiration from well-meaning and right thinking Nigerians who were gracious enough to publicly acknowledge that they are saving some money from diesel they used to spend for generators; they are running their generators for fewer hours; and they are getting comparably more power than before.

    “It is because of those gracious and well-meaning and right thinking Nigerians that we must dig deeper, work harder and be more determined to improve service delivery.”

    According to statistics from the Advisory Power Team in the Office of the Vice President, Prof. Yemi Osinbajo, Nigeria produced a total of 400,171 megawatts (MW) of electricity from January 1 to April 14, 2018, an average daily generation and supply of 3,847.8MW.

    This return represents only measured growth, which is a contradiction of the minister’s claim.

    The power sector also suffered an average daily financial loss of N1.209 billion in the same time frame, pooling up to N125.774 billion in total.

    Related News

    Germany’s Uniper, Britain’s Octopus Energy sign power and gas agreement

    Dutch postpone offshore wind farm tenders due to low interest

    Gas explosion rocks fueling station in Port Harcourt, injures five

    E-book
    Resilience Exhibition

    Latest News

    UAE to up value of US energy investments to $440 billion by 2035

    May 17, 2025

    Germany’s Uniper, Britain’s Octopus Energy sign power and gas agreement

    May 17, 2025

    With US trade war, China now top buyer for Canadian crude on Trans Mountain pipeline

    May 17, 2025

    Asian spot LNG prices rise slightly on US-China tariff truce

    May 17, 2025

    Dutch postpone offshore wind farm tenders due to low interest

    May 17, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.