Situating
Hamza Al-Mustapha: Nigeria has no excuse for inadequate power supply
Hamza Al-Mustapha, ex-chief security officer to Sani Abacha, former head of state, says Nigeria doesn’t have any excuse for inadequate power supply. Al-Mustapha said this during an interview with newsmen on Sunday, noting that Nigeria has abundant resources that should reflect in its power supply. He said electricity supply is still very expensive in the country, adding that the country has what it takes to have a stable and cheap power supply. “Up till this moment, electricity supply in Nigeria is still very very expensive compared to other countries in spite of the fact that we have all it takes to have one of the most stable and cheap power supply in the world,” Al Mustapha said. “We have the resources in abundance, we have coal and gas, we have solar energy in abundance because we are ...
Minister: Nigerian government to scale up domestic gas expansion, monetisation drive
Minister of State, Petroleum Resources, Mr. Timipre Sylva, has stated that the federal government will continue to ramp up its current domestic gas expansion drive as well as its monetisation programme to increase the country’s supply of the much needed foreign exchange earnings. Speaking when he appeared virtually at the formal opening of the new headquarters of the Nigeria Liquefied Natural Gas Limited (NLNG) in Port Harcourt, Rivers State, the minister stressed that the company was expected to play a major role in achieving the objective. Sylva noted that the country’s gas reserves must be fully explored for the full benefit of Nigerians, noting that has remains a major game-changer for Nigeria, especially with the renewed attention to the commodity as a lower carbon energy source. “In ...
