The Minister of Power, Adebayo Adelabu, has said that, Federal Government spent about N8. 8 billion to repaired the transmission towers been vandalised across the country.
Adelabu disclosed this at the Quarterly Power Sector Working Group meeting in Abuja, where the Managing Director and Chief Executive Officer of the Transition Company of Nigeria (TCN), Engr. Suleiman Ahmed Abdulaziz, briefed the meeting.
He equally disclosed that the Federal Government was working in collaboration with the World Bank and the African Development Bank (ADB), to make electricity available to 50 million Nigerians by the year 2030.
The Minister of Power, who was represented by his Chief Technical Adviser, Mr. Adedayo Olowoniyi, said the Nigerian government was working with the Word Bank and the African Development Bank to get 300 million Africans to have access to electricity by the year 2030.
He said the Power Ministry is collaborating with its Finance counterpart to get this process achieved.
According to him, the mission 300 is been driven by the World Bank and the African Development Bank and it is a project that will provide electricity to 300 million Africans adding that, Nigeria will benefit 50 million from this. He stressed that Nigeria has a large population that is without electricity and this is a great opportunity for us to be part of this process.
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