Stable Power Supply Is Underway; President Buhari assures Nigerians yet again

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President Muhammadu Buhari says careful
studies are already under way to identify the
quickest, safest and cost-effective way to bring
light and relief to Nigerians.
Buhari made the remark in his inaugural speech
on Friday in Abuja shortly after taking the oath
office.
According to him, no single cause can be
identified to explain Nigerian’s poor economic
performance over the years than the power
situation.
“It is a national shame that Nigeria spent close
to 20 billion dollars on power in 16 years only
generate 4,000MW of electricity.
“It is a national shame that an economy of 180
million generates only 4,000MW, and distributes
even less.
“Continuous tinkering with the structures of
power supply and distribution and close to
$20billion expanded since 1999 have only
brought darkness, frustration, misery, and
resignation among Nigerians.
“We will not allow this to go on.
“We intend to attack the problem frontally
through revival of agriculture, solid minerals
mining as well as credits to small and medium
size businesses to kick – start these
enterprises.
“We shall quickly examine the best way to revive
major industries and accelerate the revival and
development of our railways, roads and general
infrastructure,” he said.
The president said that careful studies are under
way during this transition to identify the
quickest, safest and most cost-effective way to
bring light and relief to Nigerians.
Buhari promised to ensure that there is
responsible and accountable governance at all
levels of government in the country.

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