Jonathan commissions 220MW Egbin power plant
PRESIDENT Goodluck Jonathan on Saturday commissioned the 220 MegaWatts capacity plants belonging to Egbin Generation company Plc, Lagos, assuring Nigerians that inadequate power supply will soon be a thing of the past.
“Since I launched Power Roadmap in 2010, I have been encouraged with the progress so far. Very soon, the issue of poor power supply will be over,” he said.
Jonathan stated further that adequate power supply remains a catalyst to economic development.
“We are not going backward, we must stabilise power supply. That is why we are happy that Egbin power plant is operating at full capacity of 1320 MW with the restoration of Unit 06 which has been moribund for the past eight years.
“Moreover, the plan to expand the capacity by 50 per cent in the next four years by the management will also expand the lifespan of the power plant by another 20 years.
“We are committed to irreversible development of the power sector. We are going ahead to improve the energy mix because we cannot be the largest economy in Africa without stable power,” he stated.
Minister of Power, Prof. Chinedu Nebo, emphasised that privatisation of the power sector has resulted in the employment of over 2000 engineers.
“Over 2000 engineers have been hired since private investors took over. 16 years before President Jonathan came to office, no single engineer was employed. The sector he inherited was dilapidated.
“Within few years of taking over, you (Jonathan) have also revived the National Independent Power Plants (NIPPs). We celebrate with you,” he stated.
Chairman of Egbin Generation Company, Kola Adesina in his remarks stated that his company has invested over N50 billion so far to bring the power company to full capacity.