Do You Agree? Buhari Administration Has Invested N900Bn On Power Since Office Assumption – VP Osinbajo

Vice President, Yemi Osinbajo has said the present administration has invested N900 billion in the power sector since its resumption of office in 2015.

Osinbajo stated this when he paid a visit on the Asagba of Asaba, Prof. Chike Edozien on Friday in Asaba, Delta State NAN reports.

”Since assumption of office, we have invested so far in terms of support N700 billion in the power sector. Earlier, we invested N200 billion,” he said.

He later said that the Federal Government was in the process of investing another N600 billion in the sector.

On further steps to improve power supply in the country, the vice president said federal government had decided to take a second look at the power sector.

According to him, one of the reasons why there are challenges in the power sector is because each Distribution Companies (Discos) controls a particular territory.

“And now we are saying that any company that wants to provide power to any territory, should be able to provide power for the territory and its people.

‘We have been able to break the existing monopoly in the power sector. Whether upgrade or not, the discos should be able to serve the people.

”Another strategy we are trying to introduce is to open up the power sector by restructuring,” he said.

On the second Niger Bridge, the vice president said that the project was very important to the Federal Government.

According to him, President Muhammadu Buhari did not only negotiate for the equipment being used for the construction of the bridge, but is also paying special attention to the project.

“I was here six weeks ago to look at the progress of the work there and I must say that the project is going on very well.

“I hope that very soon, we should be completing not just the bridge, but also all surrounding infrastructure both here in Asaba and the other end of the bridge,” he added.

Earlier, in his address of welcome, the Asagba of Asaba noted that poor power supply had been a major challenges in the Delta capital and appealed to the federal government to intervene in the situation at the state capital.

He also appealed to the government to compensate the people of Asaba on the 1967 massacre which claimed many lives, by establishing a federal university in the town.

According to him, Asaba is the only state capital in Nigeria without a federal university.

KelCaiuz

KelCaiuz

EbukaCaius is a simple, humble guy who loves blogging, Web Development and other I.T related issues that keeps people entertain and up to date too. He as a Computer Scientist believes in delivering Services to the mankind using the ICT Medium to achieve his Aim. He is the CEO and founder of HelloNaija and has developed so many websites for NGOs, Organizations and so on.

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