President
Goodluck Jonathan on today inaugurated the 750 megawatts Olorunsogo II Power
Station, Olorunsogo, Ifo Local Government Area, Ogun. According to the
President Jonathan, the government has invested about 8.26billion dollars in
the power sector through the National Integrated Power Project (NIPP).
He further explained that a total of
650 million dollars of the amount was committed to the Olorunsogo power plant,
out of about ten of such power projects ongoing across the nation,
He had earlier inaugurated two power
plants in Kogi and Ondo states in 2014. President Jonathan further hinted that the
Egbin power station would also be inaugurated on Saturday.
“The 750 Megawatt Olorunsogo Phase 2 Power Plant will be to
the benefit of Nigerians. It will provide additional electricity to power the
ongoing Transformation of Nigeria from the largest economy in Africa to a top
20 global economy. It is the goal of this administration to ensure that we work
with all Nigerians to provide the infrastructure our nation needs to fulfill
her remarkably great potential
He said that his administration
would not relent in its determination to drive away darkness from Nigeria.
“With this development, I have consistently delivered on my campaign promises
to transform Nigeria and my administration would leave no stone unturned to
achieve its goals,” he said.
He however pledged that the
interface between the government and the private sector on the privatisation of
the power sector would be completely sealed by 2017. He said that the power
plants in Kogi and Ondo states had already been privatised, while that of the
Olorunsogo is in the process of being privatised.
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