Wednesday , 24 August 2016


FG Promises To Use N2.3bn Electricity Supply Facilities By Japan Judiciously

Power-transmission-grid1

The Federal Government has assured the Japanese government that it would use the 1.3 billion yen (N2.3 billion) worth of facilities meant to boost electricity supply in the country judiciously. The Minister of Budget and National Planning, Sen. Udoma Udo-Udoma, gave the assurance on Thursday in Abuja, at the Signing Ceremony of the Grant Aid for the Emergency Improvement of Electricity Supply Facilities in Abuja.

“The project aims to install Capacitor Banks in Apo and Keffi Substations in FCT (Federal Capital Territory) and Nasarawa State respectively and will contribute to stable power supply, decrease transmission loss and improve system reliability,” Minister of Budget and National Planning, Sen. Udoma Udo-Udoma, said on Thursday in Abuja, at the Signing Ceremony of the Grant Aid for the Emergency Improvement of Electricity Supply Facilities in Abuja.

“The sustained implementation of this project is expected to pave way for significant access to quality socio-economic services, thereby leading to reduction in unemployment in the country and promoting community empowerment.

“This ministry will ensure that we continue to create an enabling environment required for the sustainability of our partnership.

“Our doors will always be open and we will welcome suggestions and ideas on how best to improve our strong ties for the mutual benefit of our countries.”

The minister stated that good governance is the key component of the change agenda of the present government. “This entails the judicious management of the country’s resources and affairs in an open, transparent, accountable and equitable manner that meets the aspiration of the people.

“This is also consistent with the objectives of Grant Aid for the Project for Emergency Improvement of Electricity Supply Facilities in Abuja.

“I wish to assure the esteemed government of Japan that the electricity facilities being provided will be very well looked after.

“The Federal Ministry of Power will ensure effective management and sustainability of the project,” he said.

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