Nigerian officials vote for the release of 323 billion Naira


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Nigerian officials vote for the release of 323 billion Naira

Nigerian officials have voted for the release of 323 billion Naira to raise its power generation in line with a target set by President Yar’Adua. The project is aimed at firing up some medium scale, gas-powered generation plants in several locations across the country, with the ultimate aim of reaching the target of 6,000 mega watts of electricity by December 2009. It is reported that all 36 federal states government contributed to the fund, which is expected to resolve the acute electricity problem facing Nigeria. Currently, the country generates only 3000 mega watts of electricity for an estimated population of 140 million.

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