'No need for Nigerians to buy generating sets any longer' says Senior Special Assistant to the President on Public Affairs
The Federal Government Tuesday said the gas supplies to the three major National Integrated Power Projects (NIPP) based stations at Alaoji, Olorunsogo and Sapele have increased to 240 million standard cubic meters.
Reacting to reports that power generation in the country has dropped to mere 1,000 megawatt, the Senior Special Assistant to the President on Public Affairs, Dr. Doyin Okupe, told newsmen that the NIPP power based stations of Alaoji, Olorunsogo and Sapele with a capacity of 60 million standard cubic meters of gas, but said there is an improvement to the extent that the gas supplies has gone up to 240 million standard cubic meters.
According to Okupe, “the annual gas supply for the three power-based plants is 60 million standard cubic meters each, which makes it a total of 180 million standard cubic meters. What we have now for the three powers-based stations is 240 million standard cubic meters. He explained that the improvement in the gas supplies is as a result of the emergency declared by President Goodluck Jonathan on gas supplies.
“The implication of this is that there is an improved and increased 240 million standard cubic meters and Shell Petroleum Development Company (SPDC) is also adding another 100 million standard cubic meters and this will automatically lead to more than 7,000 megawatt power generation before December this year and also longer hours of power supplies and excess power generation of 2000mw will be added to the national grid by December”, he said.
With this, Okupe said there is no need for Nigerians to buy generating sets any longer.
They also stated that the country’s Foreign Reserves have gone up to more than $39 billion.