Skip to main content

Obasanjo and Nigeria power sector


A former President, Chief Olusegun Obasanjo,
has attributed the rot in the power sector to the
administrations that came to office after his
tenure.
Obasanjo believed that if Nigeria must surmount
the power challenge, it must start generating
additional 2,000 megawatts every year.
He said apart from his efforts to ensure stable
power while he was the military Head of State in
1979, subsequent administrations did nothing on
power generation, up to the time he returned as
a civilian president in 1999.
The former President said this on Monday at a
programme tagged First Green Legacy Moment
with Chief Olusegun Obasanjo on Leadership and
Human Security in Africa, held in Abeokuta.
While he noted that part of the challenges
confronting the nation was lack of political will
by Nigerian leaders, he, however, warned that
power should not be “privatised to friends.”
He said, “Part of our problems is lack of political
will on the part of the leaders. What does a
leader understands about development? Any
leader worth his salt should know that power is
very important. It is the driver of all
development, be it social, economic, and even
political.
“When I was military head of state, I developed
the Jebba dam, I developed Shiroro, I started
Egbin. Shagari came and completed Egbin and
inaugurated Jebba and Shiroro.
“Between Shagari in 1983, until I came back in
1999, there was no single dime invested in
power generation. If anything, the ones that were
there were allowed to go down.
“A country like Nigeria must be adding not less
than 2,000 megawatts every year if we are to be
moving on the part of development.
“If you will remember, when I came back in
1999, my first Minister of Power was late Bola
Ige. I won’t say Bola didn’t know what he was
doing and he said publicly that he would fix the
power problems in six months.
“After one year, Bola, with his capacity, couldn’t
fathom what was wrong with power; it was
riddled with corruption. Then, we had no money.
People have forgotten that in 1999/2,000, the
price of crude oil was US $9 per barrel.
“When we started having money, we started the
National Integrated Power Plant. When we said
the money we had should be invested in power,
my successor (Umar Yar’Adua) didn’t
understand; he stopped it.
“If for almost 20 years, we did not achieve
anything in power generation, then we may not
be able to get it again.”

Comments

most read

Adams oshiomole biography

Comrade Adams Aliyu Oshiomhole ShareThis Adams Aliyu Oshiomhole was born on April 4, 1952 in Iyamoh, near Auchi in today's Edo State. He was born into the humble family of Alhaji Aliyu Oshiomhole of blessed memory and Alhaja Aishetu Oshiomhole. After his secondary education, Adams Oshiomhole proceeded to the Ruskin College, Oxford where he majored in economics and industrial relations. He is also an alumnus of the prestigious National Institute for Policy and Strategic Studies, Kuru. In 1969 before his tertiary education, he had taken up appointment with the Arewa Textiles Company. He was inspired to play an active role in the union because he was not satisfied with the quality of the union's leadership. Oshiomhole's other colleagues in the textile factory elected him as the union secretary after a shop-floor revolution, which he helped to organize. He became a full time trade organizer in 1975. In 1982, Adams Oshiomhole was appointed by the National Union of Textile Ga...

Tricycle Agreement form/Higher purchase

BETWEEN NAME HERE…………………………………………….OWNER of Aba North L. G. A. Abia State. AND NAME HERE…………………...……………………….HIRER of Osisioma L. G. A. Abia State. IN RE: CARTER MOTORCYCLE WITH REGISTRATION NUMBER KGE822 VALUED AT FOUR HUNDRED AND TEN  THOUSAND NAIRA (N410,000.00) DOCUMENTED BY: CHIKE EZE DANIEL ESQ., OF CAR HIRE & CO.,  IHDULE CHAMBERS, 8 AFIKPO ROAD, ABAKALIKI, HIRE PURCHASE AGREEMENT made this …………………………. day of …………………2014 BETWEEN NAME HERE of Chukwudi Umoh, of Aba north L. G. A. Abia State.  Nigeria (herein referred to as the “OWNER”) of the one part. AND NAME HERE of Azuiyiokwu Inyimagu,  Osisioma L. G. A. Abia State. State of ...

The People of Ipara Remo in Remo North LG.

Ipara Remo is a town in RemoNorth LG area in Remo division of ogun state, southwestern Nig. Ipara remo with a population of abt 30,000 people is a heterogenous community as it played host to people from different parts of our country Nigeria. It belongs to the group of those towns/communities where inheritance is basically patrilinea; people inherited property and status through their father's lineage and belonged to the father's family and community. It is one of the Remo towns that claim Origination and migration from Ile-ife. Ipara is in the northern part of Remo Division. You approach Ipara town from Saapade. It is a one road town. This is the old Federal road from Lagos – Sagamu – Ode Remo and from Saapade to Ipara. Ipara has boundary with Fidiwo a town-let in Obafemi Owode Local Government in the north. In the South-east, it has boundary with Isara and Ode-Remo. In the West, it has boundary with Obafemi – Owode farm-land with villages. Before the Lagos  Iba...

Problematic of Nigeria in 2017

Problematic of Nigeria in 2017 Buhari jet out for medical check up. Jan. Scarcity of tomatoes. Jan. Saraki Dogara visit Buhari in London. Feb. High cost of rice. Feb. Exchange Rates #700 to $1. April. Buhari jets out for medical check up. may Buhari death rumoured. May Nnamdi KANU was realesed. April Buhari returned back to Nigeria . Aug. Army and Ipob clash.sept. Nnamdi Kanu declared missing. sept. Monkey pox . Oct. End SARS campaign . Dec. Scarcity of Fuel. Dec.

Lemon juice remedy for loose weight.

many benefits of lemon juice and hot water: Lemon water flushes out toxins. It is a digestive aid and helps the body to eliminate toxins. A glass of lemon juice and water contains hardly any calories. It stimulates your immune system. Lemons have an alkalising effect on the body. Lemons are a great source of vitamin C which helps the body to build collagen and fight diseases like the common cold. They also contain significant amounts of potassium, phosphorus, calcium, magnesium and citric acid. Lemon juice prevents the growth of bacteria. It dissolves uric acid, thereby reducing inflammation and pain in joints. Lemon juice helps to strengthen the liver. Although it is acidic it can help to relieve heartburn . It can help to prevent the formation of wrinkles and acne. Lemon juice can help prevent eye problems. It can also help the stomach produce digestive juices. Lemon juice can, however, damage the enamel on teeth. It is therefore better to drink it through a straw...