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Monday, December 10, 2012

Political will required to grow power sector – NERC

 
By KUNLE KALEJAYE
The Nigeria Electricity Regulatory Commission (NERC) has said that for the power sector to grow to the anticipated level attainable to international standard there must be the political will as well as the required regulatory services.
The commission also stated that the nation required a minimum of 50,000 megawatts of power, while Lagos State required 10,000MW in order to maximize its potential and attract foreign investors.
The Chairman of NERC, Dr Sam Amadi, dropped the hint at the maiden edition of the Light Up Awards 2012 organised by Project Light Up Nigeria in Lagos.
“Presently, we need at least 50,000MW of power supply and Lagos needs about 10000MW of it. What is needed for the power sector to grow to a level which will be adequate for all is the political will,...
 

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