Tag: 100

  • Nigeria projected to generate 100,000mw electricity by 2030

    Nigeria projected to generate 100,000mw electricity by 2030

    If succeeding governments follow the power masterplan designed by the Energy Commission of Nigeria (ECN), the country is projected to generate up to 100,000 megawatts electricity by 2030.

    Prof. Eli Bala, ECN’s Director-General, disclosed that the projection would be possible with an annual economic growth rate of 7 per cent and steady implementation of the national energy plan by the Federal Ministry of Power, Works and Housing.

    Speaking in Abuja, Bala said, “With the incremental power programme; every time, every year, we must have increment in power generation.

    “We will also increase our capacity to transmit as well as the capacity to distribute.

    “So I think we are on course, although it is not easy.

    “Very soon, we will get to a level where we will have a 100,000 megawatt or 100 gigawatt by 2030 and the economy growing at the rate of about 7 per cent annually,” he said.

    SEE ALSO: http://thenewsguru.ng/nigeria-can-generate-transmit-7000mw-electricity-fashola/

    Bala, who said the legal mandate of the commission is to produce strategic plans and coordinate national policies, stressed that “for you to have something, you must plan for it.

    “If you look at the strategic plans we have produced, we produced energy master plan and in particular with respect to electricity generation.

    “We were the first to articulate the various energy mix including what I have told you; renewable and also the nuclear.

    “We made a plan in such a manner that we project by 2030, if the economy is to grow at 7 per cent, we need nothing less than 100 gigawatts of electricity capacity.

    “And also, you know our politicians want the economy to grow by double digit. If the economy is to grow by double digit, we need nothing less than 300 gigawatts by 2030.

    “I think knowing what you want is a very important thing. If you don’t know what you want, you are going nowhere,” he said

  • Just in: How Fashola created 100,00 jobs in two years

    Just in: How Fashola created 100,00 jobs in two years

    The minister of power, works and housing, Mr Babatunde Fashola has revealed that his ministry has created over 100,00 jobs under two years.

    Fashola made the comment on Tuesday, May 16 at the town hall meeting currently holding in the Federal Capital Territory, Abuja.

    According to the minister, his ministry has completed the implementation of their full first year budget.

    He also hailed President Buhari for improving the budget size of the ministry, adding that it has enabled them to embark on more projects across the nation.

    ”Our artisans are getting back to work sites due to the large scale construction going on around the country.

    ”We have gained momentum and it is impacting positively on the economy,” Fashola said.

    1. Works ministry = 17, 749 direct jobs, 52,000 indirect jobs

    2. Housing ministry = 13,680 direct jobs, 41, 040 indirect jobs

    3. Power ministry = 9,000 direct jobs, 60,000 indirect jobs.