Nigeria will soon have stable power supply- Buhari
Wed Aug 03, 2016 07:50:am National
3.5K By Buchi Obichie
At a joint press conference with the visiting President of Togo, Faure Gnassingbe at the presidential villa, Abuja on Tuesday, President Muhammadu Buhari assured Nigerians that the epileptic power situation in the country would soon give way for stable power supply.
President Gnassingbe was in Nigeria to inspect the ongoing refinery project by the Dangote group in Lagos.
Stressing that the resources were available, President Buhari said his administration was committed to realizing the objective of a stable power supply.
The President also disclosed that the Republic of Benin was experiencing similar lapses in power supply as it depended on Nigeria for power.
He said: "They say seeing is believing. You can see the efforts private investors are making. We are also building pipelines but it is not as formidable as what Dangote is doing. We are improving on it. We also have the NLNG that is helping is to liquefy the gas and then turn it into gas with modern technology and modern technology is making it flexible.
"And If you will recall, I made mention to President of Benin. We have power problem and Benin has power problem because they depend on us and we are working very hard to stabilize the situation. The resources are available, the technology is available we are trying to stabilize the situation.
"If "we improve power, it means our productivity can be competitive; and God willing, we are going to achieve our objectives.
"We also discussed the unfortunate incidents in South Sudan, Burundi. It is an agonizing situation. Several citizens are living under primitive conditions. We hope at the AU meeting, we will be able to stabilise" the situation in South Sudan and Burundi with the efforts being made."
The visiting Togolese President who also spoke, said he was impressed by Dangote's string of investments in Africa.
In his words: "I'm impressed by the investment of Dangote because we have been talking of Socio-economic integration and promoting trade among African countries
"If you want to promote trade, you have investors that are very competitive and will contribute to reduce import from non-african countries."
President Buhari was invited by the visiting dignitary, to attend the maritime summit holding in Togo in October this year.
President Gnassingbe was in Nigeria to inspect the ongoing refinery project by the Dangote group in Lagos.
Stressing that the resources were available, President Buhari said his administration was committed to realizing the objective of a stable power supply.
The President also disclosed that the Republic of Benin was experiencing similar lapses in power supply as it depended on Nigeria for power.
He said: "They say seeing is believing. You can see the efforts private investors are making. We are also building pipelines but it is not as formidable as what Dangote is doing. We are improving on it. We also have the NLNG that is helping is to liquefy the gas and then turn it into gas with modern technology and modern technology is making it flexible.
"And If you will recall, I made mention to President of Benin. We have power problem and Benin has power problem because they depend on us and we are working very hard to stabilize the situation. The resources are available, the technology is available we are trying to stabilize the situation.
"If "we improve power, it means our productivity can be competitive; and God willing, we are going to achieve our objectives.
"We also discussed the unfortunate incidents in South Sudan, Burundi. It is an agonizing situation. Several citizens are living under primitive conditions. We hope at the AU meeting, we will be able to stabilise" the situation in South Sudan and Burundi with the efforts being made."
The visiting Togolese President who also spoke, said he was impressed by Dangote's string of investments in Africa.
In his words: "I'm impressed by the investment of Dangote because we have been talking of Socio-economic integration and promoting trade among African countries
"If you want to promote trade, you have investors that are very competitive and will contribute to reduce import from non-african countries."
President Buhari was invited by the visiting dignitary, to attend the maritime summit holding in Togo in October this year.
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