We have invested N900bn on power since assumption of office – Osinbajo

power

We have invested N900bn on power since assumption of office – Osinbajo—

Vice President Yemi Osinbajo says the present administration has invested N900 billion in the power sector since it took over from the last administration in 2015.

Osinbajo revealed this during his courtesy visit to Chike Edozien, the Asagba of Asaba, on Friday. Noting that one of the problem in the power sector is that Distribution Companies (Discos) control a particular territory, the Vice President stated that the Buhari Government is working towards resolving the challenges.

”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.

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 the 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 added.

Read Also:👇🏾

Nigeria vs South Africa: 5 things we learnt as Super Eagles qualify for semi-final

Mama Gee, woman who sells ‘drugs’ to make the v-gina sweeter and trap men, arrested

BBNaija housemate, Tacha suffers nip slip during Saturday night party (Photos)

Nigeria vs South Africa: 5 things we learnt as Super Eagles qualify for semi-final

Atiku vs Buhari: I was forced to sign presidential result in favour of APC – Witness tells court

Lecturer jailed after writing a poem about ‘Vagina’

Ruga: Biafra group attacks Buhari, issues fresh threats

RUGA: Give us Sambisa forest – Fulani herdsmen

Buhari education policy is wicked and criminal – ASUU

Spread the love
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  

Leave a Reply

Your email address will not be published.