Connect with us

    Hi, what are you looking for?

    News

    Electricity Supply will improve by 2024 First Half — FG

    Power Generation
    Power Generation

    Amb Maitama Tuggar, Minister of Foreign Affairs has stated that with the Siemens gas deal between Nigeria and Germany, Nigerians will experience improved electricity supply by the first half of 2024.

    “In the coming year by the first half of next year (2024), there will be a remarkable improvement in the electricity supply in Nigeria,” he said to Channels TV, adding that the setbacks experienced in the past would be managed by the President Bola Tinubu administration.

    Tuggar said the gas deal between Nigeria and Germany is a win-win.

    He said, “The fact that we are exporting gas to Germany or we intend to do that does not mean that we are depriving Nigeria’s domestic gas needs; that will be fulfilled as well but you also need the revenue that would accrue from such exports to invest further in taking electricity and gas to other parts of Nigeria.

    “So, it’s all interconnected and one does not stop the other from happening.”

    Loading

    Spread the love
    Click to comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You May Also Like

    Tech

    Federal Government has said it will conduct a comprehensive review of the proposed $6.2bn acquisition of IHS Holding Limited by MTN Group, citing the...

    E-Financial

    Debt Management Office (DMO) plans to raise ₦800 billion through Federal Government of Nigeria (FGN) bonds in February 2026, a 128.6% jump from the...

    Tech

    Members of the Association of Telecom Companies of Nigeria (ATCON) visited the Nigerian Communications Commission (NCC) headquarters on Tuesday, February 17, 2026, to strengthen...

    Metro

    Economic and Financial Crimes Commission (EFCC) has secured the conviction of Janet Theophilus Danjuma, a bank employee, for defrauding an investor of N22,350,000 through...