Atiku Reveals How He Will Lead Nigeria Out Of Darkness
The presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar has said that as part of his proactive plan to lead Nigeria out of darkness, he would remove the entire electricity value chain from the exclusive list and give states the power to generate, transmit and distribute electricity for themselves.
This was as he declared that his aspiration to be President is to protect the interest of the average Nigerian in all circumstances, stressing that on this, he stand to say that he has no interest either directly or indirectly in any generator company, as has been publicly stated.
The former Vice President also said that his policy shall aim at achieving greater coordination of investments in the entire electricity value chain.
Atiku said that having keenly observed developments in the power sector, he is again convinced that his solution to the electricity crisis, as encapsulated in his Policy Document, ‘My Covenant with Nigerians’, remains the most proactive plan to lead Nigeria out of darkness.
He said that an industrial dispute with the Federal Government in Abuja should not affect an industry in Lagos or a factory in Aba or in Kano or even an average Nigerian who just wants to get home, watch the news and sleep under a ceiling fan.
According to him; “Investments in additional generation capacity are futile without consideration for the complementary transmission and distribution infrastructure to wheel the additional energy.
“Any investment in additional generation capacity would be competitively procured considering a viable mix of renewable (hydro, solar, wind and biofuels) and non-renewable (coal, gas) options for energy security,” he said.
The Waziri Adamawa further said that ahead of procuring additional generation, both transmission and distribution capacities would be enhanced with government and private sector support for investments.
In his words; “In this regard, we shall incentivize private investors to invest in the development of multiple green-field mini-grid transmission systems to be looped into the super-grip in the medium to long term while allowing the Federal Government focus on policy, regulation, and standardization”.