By sustaining the significant strides made by the Buhari administration in the electricity sector, with increased investments and improvements in the value chain, Nigeria could become one of the best power markets in the world, according to Vice President Yemi Osinbajo, SAN.
Prof. Osinbajo stated this today in his remarks at the official commissioning of the 240MW, AFAM 3 Fast Power Project in Port Harcourt, Rivers State, where he represented the President.
According to the VP, “we have all the ingredients to create one of the best power markets in the world. I am also confident it will happen within our lifetimes.
“The challenge before us now is for the industry to leverage the improved commercial environment that has been created to sustainably supply electricity and improve service to all citizens. This administration has made significant strides in this direction.”
Earlier in his remarks, Rivers State Head of Service, Dr. Rufus Godwin, who represented Gov. Nyesom Wike, thanked the Vice President for his love and commitment for the wellbeing of Rivers people and Nigerians at large, stating that “the VP has become a son of Rivers and is welcome to the State anytime.”
In the same vein, the Group Chairman of Transcorp Plc, Mr Tony Elumelu, praised the FG, President Muhammadu Buhari & Vice President Yemi Osinbajo for their unflinching support to the power sector and for seeing to the completion of Afam Power Project.
In his own remarks, the President of General Electric in Nigeria, Muhammed Mijindadi recalled how on some difficult occasions in the process of delivering the project, the US-based company sought the quick interventions of the VP.
“The VP promptly intervened several times,” he disclosed adding that there were times when things were proving rather difficult. He praised the VP, the late Chief of Staff, Abba Kyari, the BPE, Ministers of Power & Finance, for their support.