Place Your Advert Here

Wednesday, June 5, 2013

Electricity crisis; Nigerian nightmare- Prof. Nebo

Minister of Power, Prof. Chinedu Nebo, on Wednesday, described the nation’s power crisis as a nightmare.
He lamented that 120 million Nigerians (75 per cent of the population) do not have access to electricity supply.
The minister spoke at the Presidential Villa during a press briefing after the weekly Federal Executive Council (FEC) meeting.
He lamented that 120 million Nigerians (75 per cent of the population) do not have access to
He, however, said the problems associated with power are surmountable with divine intervention together with the efforts being made by the President Goodluck Jonathan administration.
The present challenges, the minister explained, include unprecedented system collapse and heavy storms that shattered transmission lines in Bayelsa and Kebbi states, destroying four transmission towers.
Then, there are man-made problems like vandalism, Nebo said, expressing amazement at the evil reasoning that would push Nigerians to vandalise electricity cables and facilities meant for their own use.
“They will all be defeated by the grace of God,” he declared.
Another nightmare he highlighted was inadequate funding, such that nobody thought of how to maintain the power generation and distribution plants this year because it was strongly believed that the plants would have been successfully sold off to private concerns.
A new mechanism is being put in place to solve this problem, he assured though.
Nebo disclosed that such efforts have resulted in doubling of power generation and supply over two years, from 2,500 megawatts to over 4,000mw now.
Even at that, Nebo assured that current privatisation of power plants which will end by July will raise power supply to over 5,500mw by the end of this year, and 10,000mw by the end of 2014.
The successful buyers of the privatised power plants are expected to have completed payment of their outstanding balance of 75 per cent of the cost by July.
He explained that in the long run, Zungeru and Mambilla hydro plants, conceived nearly 40 years ago but flagged off by Jonathan recently, will add 700mw to the national grid.
Meanwhile, Senators were told in Abuja on Wednesday that over 60 million generators were being imported annually into Nigeria as at 2006,  while about N1.6 trillion was spent to fuel the generators.
Former Director General of the National Planning Commission (NPC), Ayodele Omotosho, disclosed this at a two-day public hearing by Senate Joint Committee on National Planning, Economic Affairs and Poverty Alleviation, and Finance on the review of national planning and budgetary process.
Senators and invited guests at the hearing listened with shock and disgust when Omotosho revealed that this huge expenditure arose from the nation’s defective economic planning system.
The Senate committees were jointly chaired by Barnabas Gemade (National Planning, Economic Affairs and Poverty Alleviation) and Ahmed Makarfi (Finance).
Omotosho told the committee members that Nigeria cannot realise the Millennium Development Goals (MDGs) with such waste and planning deficit.
To arrest the trend, he advised the National Planning Commission to ensure functional capital budgeting.
“We need to take the annual budget back to the capital budget projections,” Omotosho told the committee members.
He charged them to ensure, through their oversight functions, that the NPC and other relevant budgetary agencies engage in proper planning of the nation’s economy.
Omotosho also advised that the Department of Planning, Research and Statistics (DPRS) should be put under the NPC to get economic planning right.
“There should be adequate budgeting activities,” he said.
The former DG, however, stressed that the constituency projects in the budget should belong to the constituencies.
To achieve this, he said there should be early engagements between the executive and legislative arms of government.
In his own presentation, a Professor of Economics, John Kwanashie, said the nation would begin to get its economic planning right when capital projects go into the national planning arrangement.
“We need to bring the budgetary process into the planning process,” Kwanashie said.
In his memorandum, Henry Boyo, an industrialist, stated that for the country to correct the deficiencies in the existing national planning and budgeting process, there should be need to put in place, a medium term development plan.
He also suggested a stronger, more coherent and inclusive national planning function which requires a multi-year national plan to underpin the annual budgeting process.
Gemade (PDP, Benue North–East) in his welcome address, stressed the essence of the public hearing which, according to him, was to search for solution towards eliminating the “serious discord and acrimony between the legislative and the executive arms of government which consequently stall our progress as a nation.”
He said the nation needs to have a national budget devoid of the current annual “incremental envelop system, which will provide alternative planning policies and strategies with inputs from private and voluntary sectors as well as the international community into an effective development partnership.”


0 comments:

Post a Comment