NNPC to supply electricity to Nigeria

NNPC to supply electricity to Nigeria

The Nigerian National Petroleum Corporation (NNPC) will soon begin supplying Nigeria with electricity it generates as it unveiled its plan to go into power generation and transmission.

Read also: About 70% electricity consumers don’t pay their bills – Discos

Disclosing this was Group Managing Director of NNPC, Dr Maikanti Baru, at the 53rd International Conference and Exhibition of the Nigerian Mining and Geosciences Society (NMGS) in Abuja.

Baru, who delivered a paper entitled, “Challenges and Prospects for the Diversification of the Upstream, Downstream and Frontier Basin Exploration in the Oil and Gas Sector”, disclosed that NNPC is already cashing in on the opportunity in power sector, adding that the corporation is gradually transforming from being a gas supplier to the power sector, into a major player in the sector.

He said work is underway in the corporation to generate four Megawatts (4MW) of electricity while also exploring the possibility of investing in the transmission segment of the power sector.

The GMD debunked claim that the prevailing poor power situation was due to inadequate gas supply.

According to him, the major problem was inadequate transmission capacity. He explained that the transmission grid could not support such volume of power without complications.

Name
Email *


Related Articles

Chief Emeka Anyaoku to Lead the NIGERIA LEADERSHIP SUMMIT 2013

The former Secretary General of the Common Wealth of Nations Chief Emeka Anyaoku is the Chairman of the Nigeria Leadership

Borno LG chairman, father are Boko Haram members – Army

The Nigerian Army has accused the Chairman of Mafa Local Government Area of Borno State, Alhaji Shettima Lawan, and his

LG BOSS, HON. CHINEDU ILOEJE HAS KIDNEY PROBLEM

Udi Local Government of Enugu State Chairman, Hon. Chinedu Iloeje has had plenty of happy moments in the past. Trained


x

Related Posts

Young Shall Grow MD quizzed for allegedly blackmailing his father in-law
Report has it that the police in Abuja are investigating the MD of Young Shall Grow Motors Group, Vincent Obianodo, and the company’s IT Manager,...
Kemi Adeosun clears air on $2m Scandal
Finance Minister, Kemi Adeosun, on Wednesday, cleared the air on allegation that she hired a British Public Relation consultant, Africa Practice,...
Nigerian jailed in UK in identity theft case
A Nigerian living in the UK, and working as an estate agent, Ayodele Oladuti, has been jailed for identity theft. The modus operandi of the 29...
powered by RelatedPosts