Wednesday, 19 July 2017

Nigeria spends $5bn on generators annually

The Speaker of House of Representatives, Mr Yakubu Dogara, said it was unacceptable that Nigerians spent five billion dollars on generators annually.

He said the house would support the Executive to find a permanent solution to the power problem in the country.


Dogara stated this on Tuesday in Abuja at the public hearing organized by the House of Representatives Committee on Power on three Bills pending before the lower chamber.

“Indeed, it is difficult, if not impossible, to imagine modern life without power. Our industries and factories need electricity to operate, and also our offices, homes and businesses.
“It is estimated that Nigerians spend about five billion dollars yearly to fuel their generators.
“This is an unacceptable situation and the House of Representatives stands ready to support the Executive arm of government to put a stop to this state of affairs


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