The Federal Government has reiterated its determination to overhaul the power sector with a view to boost industrialisation in the country. Vice-President Namadi Sambo gave the assurance while receiving the Director General of the United Nations Industrial Development Organisation (UNIDO), Dr Kandeh Yumkella, who paid him a courtesy visit in his office at the State House, Abuja.
Sambo, who commended the United Nations for its developmental agenda, said the Federal Government’s transformation agenda was geared towards addressing power-related issues, especially in the use of a holistic approach.
A statement by the Senior Special Assistant to the Vice-President on Media and Publicity, Mallam Umar Sani, said: “Part of the strategies being employed was the use of Public Private Partnership (PPP) avenue to develop small and medium hydro-power projects.”
The Vice-President, “stated that studies have been completed for 10 hydro-power plants and 17 more are undergoing such studies and that transaction advisers are being appointed. He said Nigeria has over 200 existing dams and that the combination of water, power and irrigation will lead to boost in both small and big business.”
Sambo further stated that the wind-to-power pilot scheme was currently ongoing in Katsina State for 10 megawatts, stressing that government was trying other alternatives sources of energy, including waste-to-power to ensure a revolution in the power sector.