Connect with us

News

FG Targets 20,000MW Power Generation By 2026

Minister of Power, Adebayo Adelabu, on Tuesday, vowed to achieve 20,000 megawatts of power generation…

Published

on

Grid2
Power Grid

Minister of Power, Adebayo Adelabu, on Tuesday, vowed to achieve 20,000 megawatts of power generation in the next three years.

VerseNews reports that Adelabu insisted that President Bola Tinubu administration will meet the 20,000MW target by 2026.

Adelabu, who spoke at this year’s Nigeria Energy Summit in Lagos, said he had diagnosed the issues to a large extent, and found out that the solutions were not as difficult as people believe.

Advertisement

He said: “As a politician, a Minister of Power, I also have a limited amount of time to spend, and I must make impacts. I am determined to make impacts. I have diagnosed the issues to a large extent, and I’ve found out that the solutions are not as difficult as we all believe.

“In setting targets for ourselves, we also need to set short-term targets. My own vision is for us to increase the stored capacity of our generation to at least 20,000 megawatts in the next three years. And it doesn’t stop there.

“We should be able to evacuate and transport this power at the minimum of 80 per cent of the stored capacity to the end users of the exchange system.”

Advertisement

Stay ahead with VerseNews. Get the latest breaking news, insightful analysis, and trending stories. Your go-to source for timely updates and unbiased reporting.

Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

maxresdefault 3 maxresdefault 3
News7 hours ago

[JUST IN]: US-Based Igbo Groups Hail Enugu Monarch For Confronting Tinubu, Demand Kanu’s Release (Full Details)

US-based Igbo advocacy groups have praised an Enugu monarch for openly confronting President Bola Tinubu.

gaming gaming
News8 hours ago

Lagos Begins 5% Withholding Tax on Gaming Winnings

The Lagos State Government has commenced a 5% withholding tax deduction on gaming winnings.

ezgif 606f4cb933138d6e ezgif 606f4cb933138d6e
Entertainment15 hours ago

Ogun Police to Arrest, Prosecute TikTok User Mirabel Over Alleged False Rape Claim

The Ogun State Police Command has concluded plans to arrest and prosecute a TikTok user, Mirabel, after she allegedly admitted...

kanu kanu
News18 hours ago

AVID Condemns Killing of Ondo Monarch, Demands Kanu’s Release and Security Reforms

The American Veterans of Igbo Descent (AVID) has condemned the killing of Oba Kehinde Falodun in Ondo State.

Nigeria teleoms Nigeria teleoms
News2 days ago

Telcos Challenge Senate to Tell Nigerians the Truth, Insist Country Has Capacity for Real-Time Transmission

Telecom operators, including MTN, Airtel, Globacom and T2 Mobile, have rejected the Senate’s claims of inadequate infrastructure.

gym instructor gym instructor
Entertainment2 days ago

Drama at Fitness Centre as Man Arrests Gym Instructor for Impregnating His Daughter (Video)

Tension erupted at a fitness centre after a man arrived with police officers to arrest a gym instructor accused of...

WhatsApp ipob WhatsApp ipob
News3 days ago

IPOB Slams Tinubu’s Aide Over Kanu Conviction Comparison, Insists ‘Biafra Restoration Is Unstoppable’

The Indigenous People of Biafra has faulted comments credited to a presidential aide comparing Nnamdi Kanu’s terrorism conviction with Sunday...

mirabel mirabel
Entertainment3 days ago

‘I Took Snipper, Felt Completely Overwhelmed’ – Mirabel Narrates How She Was Allegedly Raped in Her Apartment, Releases Suspect’s Messages (Video)

A Nigerian woman identified as Mirabel has sparked nationwide reactions after sharing an emotional video alleging she was raped in...

trumpppp trumpppp
News4 days ago

US Slaps Terror, Cyber Sanctions on Nigerians, Freezes their Assets (Full List)

The United States has sanctioned more than 20 Nigerians and several organisations over alleged ties to terrorism and cybercrime,

Toke Makinwa Toke Makinwa
Entertainment4 days ago

‘Why I Stopped Paying Tithes to Churches’ – Toke Makinwa (Video)

Media personality Toke Makinwa says she no longer pays tithes to churches, choosing instead to support individuals, hospitals, and maternity...

Advertisement