FEC approves N47bn to boost power supply
The Federal Executive Council, FEC has approved N47 billion for the provision of additional 40 megawatts of electricity to the national grid.
The Minister of Power, Sale Mamman revealed this on Wednesday while briefing journalists after the first e-Cabinet meeting presided over by President Muhammadu Buhari.
According to him, the additional 40 megawatts will boost power supply in Taraba and Benue States as well as the entire North-East region of the country. Adding that the 40 megawatts would be evacuated from Kashimbilla Dam in Taraba State, where it is currently being generated.
He said: “The Council approved the Ministry’s memo for the revised estimated total cost for the augmentation of the subsisting contract in the sum of N47, 235, 303, 821.90 , to provide additional critical power grid infrastructure for the full evacuation delivery and utilization of 40 megawatt, currently being generated form Kashimbilla, via Takum, Wukari and Yandev, to the national grid.”
The Power Minister also said that if the generated power is not evacuated from its source, Nigeria will lose about 120 gigawatts of power, equivalent to $9 million dollars in a year.
Speaking on the first Federal Executive Council virtual sitting, the Minister of Information and Culture, Lai Mohammed said that the FEC was held via teleconferencing for the first time in the history of the country in order to keep activities and programmes running despite the challenges posed by the COVID-19 pandemic. Mohammed said the use of teleconferencing had proven to be a “very efficient way of running government.”
He said: “It’s been quite a while and I am sure you all know why. “It is COVID-19 but we must not allow COVID-19 to completely stop us. It might have slowed us down but we must find ways of coping with COVID-19.
“The task force and the various emergence response centres all over the country are doing their best to arrest and slow down the spread.
“Government also thought it was important also to at least find a way of running government that is why we resorted to technology.
“After a long time, for the first time in the history of this country; if I can remember, a federal executive council was held via teleconferencing, where only Ministers that had memoranda to present were physically present at the villa, while other Ministers joined from their various offices via teleconferencing and if this is anything to go by, it has even proven to be very efficient way of running government.”