- President Tinubu promised that his administration would address all power sector challenges.
- The administration would also pursue implementing other low-carbon energy options as part of a more extensive mix.
President Bola Ahmed Tinubu, during the inaugural ceremony of the new 350MW (megawatt) Gwagwalada Independent Thermal Power Plant (Phase 1), said that Nigeria would continually pursue the implementation of other low-Carbon energy options as part of a more extensive mix. According to him, the other low-Carbon energy options, such as solar, hydro, wind, thermal and biofuels (for both on-grid and off-grid power systems), are to help shore up the national energy supply to meet the growing domestic demands and ensure adequate energy penetrates the homes of Nigerians to improve the standard of living of people in the rural areas.
President Tinubu, urging the Nigerian National Petroleum Corporation Limited and its partners to deliver the landmark project within the promised three years completion timeline in a press release, reiterated, “Though the Nigeria Electricity Supply Industry (NESI) is currently characterized by huge supply-gap deficits owing to dilapidated power infrastructure and poor distributions networks, amongst others, this administration is poised to address every power value chain challenges that will significantly relieve the suppressed demand, enhance generation, and improve national peak growth and sustainability far above the hitherto abysmal and unacceptable 5,300MW for over 200 million Nigerians.”
The Gwagwalada 350MW (Phase 1) project is part of an incremental 3,600MW cumulative power project that is based on market-driven designs along the Abuja, Kaduna and Kano (AKK) gas pipeline corridors, which will further underpin the project’s economic viability while generating multiple foreign direct investments (FDIs) for the nation. The President Tinubu-led administration plans to use all available energy sources to boost power generation beyond the current installed capacity of 12,000MW.