The Deputy Chairman of the Senate Committee on Power, Senator Chris Ngige, has said that the power plants built by the government of Gen. Olusegun Obasanjo, between 1999 to 2003, were wasteful ventures.
Ngige said this on Friday at the Nnamdi Azikwe University, Awka, where he delivered a talk on Power Supply in Nigeria; during the First Judiciary Day of the Student Union Government of UNIZIK.
He said the cost of securing and laying pipe to carry gas to the power projects at Papalanto, Oloronsogo, Geregu, Omotoso and other places, was enough to build more of such power plants and fund transmission and distribution projects.
Ngige said that simple economics teaches that industries should be sited near places where there is abundant raw materials, and not for political considerations.
He said it was more economical for the plants to be located in regions that had abundant gas to fire them.
He said Nigeria’s power sector was still gripped in a circle and something drastic should be done to get the country out of it.
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