KEDCO Managing Director, Dr.Jamilu Isyaku Gwamna, says the Federal Government’s power sector road map would build more capacity in the sector.
He said it was another laudable step in the resolve of the government to address the issues that had bedeviled up the sector for years.
This was contained in a statement forwarded to Solacebase on Friday by Head, Corporate Communications of KEDCO Ibrahim Sani Shawai
“The electrification Roadmap is structured into three phases which I believe is programmed towards resolving existing challenges in the power sector and expanding capacity for future power demands in the country, said the statement.
“It is planned according to the roadmap that the system’s capacity will be increased to 25GW within the medium to long term planning period. That is huge as it will give the needed upgrades for expansions in a generation, transmission, and distribution.
“We cannot address the issues in the power sector without a road map and that’s why I am commending Mr. President for the conscious effort to drive the sector out of its present challenges that will help in building the capacity for the future.
According to the statement, “If we have had such roadmaps in the past we won’t be where we are today. All that’s needed is a commitment to the details of the negotiations between the two parties and I believe that such commitment will revamp more interests in the sector from other stakeholders when they see the success in this roadmap.”
It appealed for support in funding from the government for the project as the hope of many entrepreneurs rests on this initiative in the power sector.
He added that many small-scale businessmen are relying on President Muhammadu Buhari to see through all efforts that are currently being driven to improve power supply in the country as delivering this will add a projected additional 2GW to the grid, to significantly reduce ATC&C losses, and to achieve improved grid stability and reliability.