Power Situation Won’t Get Better This Year — Osinbajo
Nigeria's Vice President, Yemi Osinbajo is at the World Economic Forum in Davos and he has been speaking to investors and Nigerians in Diaspora.
He has made a couple of statements.
Some of which include the fact that Nigeria’s inability to keep lights on will improve in a “couple of years” and not any time soon as Nigerians hope.
Osinbajo has said that with the various efforts being made by the Federal Government, the power situation in the country will be better “in the next couple of years.”
Osinbajo was speaking at a business dinner he hosted on the sideline of the 2018 World Economic Forum in Davos, Switzerland, on Wednesday.
The Senior Special Assistant to the Vice President on Media and Publicity, Mr. Laolu Akande, made a copy of his speech available to journalists on Thursday.
“So, we think that, in the next couple of years, we will have a power situation that will certainly be a lot better than what we are experiencing today,” Osinbajo said.
He added that the government let go of power marketing in such a way that many players could come in to do more from generation to distribution.
“Transmission and distribution are critical areas for us and we are working very hard to ensure that we are able to do a lot with some of the transmission and the distribution assets that we have,” Osinbajo added.
Also Watch: Lagos Woman Stops PHCN Officials From Disconnecting Her Light