BY MICHAEL EBOH
Nigerians are currently generating over 6,000 Mega Watts of electricity through the use of generators in their homes, corporate offices and industrial places, far more than what the Federal Government is producing through the power stations across the country, says Professor Rahaman Bello, Vice Chancellor, University of Lagos, UNILAG.
“An estimated 6000 MW is generated via individual and corporate outfits to meet their minimum demands for electricity,” Bello disclosed yesterday, at the Nigerian Institute of Management, NIM, inaugural ‘Nigeria: Arise and Shine’ annual lecture.
He further stated that Nigeria is far behind its 2013 target of 16,000 MW of power generation, blaming it on over-reliance on oil, gas and hydro resources in power generation, at the detriment of other useful resources such as coal, new and renewable energy sources among others.
According to him, in year 2000, Nigeria’s power generating capacity was as low as 1,500MW and this was due mainly to lack of investment in maintenance and expansion programs on existing power plants.
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