The Associate Head of the Niger Delta Power Holding Company, Professor
Igwe Onuoha said it will take the nation trillions of naira in order to
get the required megawatts that will give every Nigerian uninterrupted
power supply.
He said that there is a very wide gap between “our capacity at the
moment and what Nigerians actually need. There are distinctively
specific things that Nigerians need to put in place in other to increase
the generation but it is an expensive venture for a nation of 160
million people”.
He said this at the event for Engineering students of the University of
Benin (UNIBEN), during a seminary organized by SciEtech University
Outreach.
According to him
“We are a country of over 160 million people; our grid is testing to
sustain 5000 megawatts. 5000 megawatts means that you have 5 million
watts of energy in the grid.
“If we are a 100 million, it means that every 100 people in Nigeria will
have only one lamp. So if you have 5000 megawatts in the grid you can
only support 100 people having only one lamp. If you want 100 people to
have each a lamp, you multiply 5000 by 100 it gives you 500, 000
megawatts.
“On the average, one million dollars will give you one megawatt so if
you want 100 megawatts you need 100 million dollars. The exponential
multiplication means that you need far large amount of money to be able
to generate power to make sure that every Nigerian has a lamp. We will
be able to reach that point when we are able to get all the money to
make that level of investment.
“But there are several sectors in our economy begging for commitment, so
if we are going to close other sectors of the economy and concentrate
on power, it means that you are going to have enough money to generate
enough power for 160 million people”he stated.
Vanguard
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Title :
Nigeria needs trillions of naira to have steady power – Prof.Onuoha
Description : The Associate Head of the Niger Delta Power Holding Company, Professor Igwe Onuoha said it will take the nation trillions of naira in or...
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