Abuja, Nigeria — ESI-AFRICA.COM — 06 January 2012 – The allocation of US$1.1 billion to the Nigerian power sector in the 2012 budget proposal here is totally inadequate considering the huge power deficit in Nigeria.
This is the word from the director-general of the Energy Commission of Nigeria (ECN), Professor Abubakar Sambo. He pointed out that though government was planning to allow the private sector to play a key role in the energy sector, that had not diminished the need for government to handle key projects.
Sambo made these remarks while fielding questions from newsmen at the sidelines of the first National Forum on Renewable Energy and Energy Conservation, organised by the Energy Commission of Nigeria (ECN).
He emphasised that the proposed budget for power for 2012 was grossly inadequate. “Our candid advice to the government is that government needs to do more,” he added.
He did, however, commend the Federal Government’s decision to remove duty on imported power equipment starting from 2012. “That is one step that is going to bring much encouragement to investors in the sector. It is good that government is proposing to remove duty on important electricity equipment imported into the country," he said.