Fashola’s Power Ministry To Spend N168Million On Generators, Fuel
Could this be a case of a physician being unable to heal himself?
Despite claims of improved power supply, the Ministry of Power is making budgetary proposals for the purchase, maintenance and fueling of generators at its headquarters and various agencies.
An analysis of the 2019 budget proposal of the Federal Ministry of Power, Works and Housing, FMPWH that was recently submitted by President Muhammadu Buhari to the National Assembly showed that the ministry and its agencies had proposed to spend 167.96 million naira this year on the purchase, maintenance and fueling of generators/plants.
Nigeria currently generates and distributes an average of 4,000 megawatts of electricity and the sector is still suffering from a serious money problem despite being privatised since November 1, 2013.
The 2019 budget proposal revealed that at the headquarters of the power ministry, a total sum of 26.6 million naira was budgeted for maintenance of plants/generators, while plant/generator fuel cost was put at 16.3 million naira.
The FMPWH headquarters also made a budget proposal of 50 million naira for the purchase of generators.
The National Rural Electrification Agency proposed to spend 488,000 naira on the maintenance of plants and generators, while 1.55 million naira was budgeted as fuel cost for its plants and generators.
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