According to President Muhammadu Buhari, progress toward the target of raising power production to 25,000 Megawatts in six years is being made.
When he presided over the third ministerial performance review retreat for ministers, permanent secretaries, and top government officials on Monday in Abuja, he made the remark.
He claims that the initiative, which is being carried out through a collaboration between the Federal Government of Nigeria and German Siemens, is on track since the first shipment of transformers has already arrived in Nigeria.
“The Power Sector has remained a critical priority for the Administration. The implementation of a ‘Willing Buyer-Willing Seller’ Policy introduced by this Administration has opened up opportunities for increased delivery of electricity to underserved homes and industries,” he said at the event.
“We are also executing a number of critical projects through the Transmission Rehabilitation and Expansion Programme, which will result in achieving the national goal of improved power supply by 2025.
“It is important to state that the partnership between the Federal Government of Nigeria and German Siemens AG through the Presidential Power Initiative to increase electricity generation to 25,000 Megawatts (MW) in six years is on course, as the first batch of the transformers has arrived in Nigeria already.”
He added that his administration is still unyielding in its fight against corruption and will continue to examine and bring swift closure to high-profile corruption cases.
Platforms to encourage cooperation across government prosecuting and anti-corruption agencies have been formed for this reason, particularly to guarantee that all levels of government are effective, efficient, accountable, and transparent.
Additionally, he claimed that the nation’s goal of being self-sufficient in rice production had been realized due to the agricultural sector’s strong expansion and the shortfall in food production and food importation costs.
Despite this, the President said that the administration is fervently trying to find a solution to the issue of the rising cost of food.