The Federal Government has opened bids for the construction of nuclear power plants that would generate 4,000 megawatts of electricity for the country.
Director General, Nigerian Nuclear Regulatory Authority (NNRA), Dr. Yau Idris, made the disclosure on Tuesday while speaking at the ongoing Nigerian International Energy Summit (NIES) in Abuja.
Idris said: “It is wrong to think that Nigeria can’t manage a nuclear power plant.
“There are mechanisms put in place that ensure any country can build a nuclear power plant.
“Nigeria is trying to deliver 4,000MW of electricity through nuclear power. We are trying to construct four units and we are at the bidding stage.”
He said Nigeria had been trying to diversify its energy sources since 1977, stressing that the additional 4,000MW would increase the country’s generation capacity to about 13,000MW.
Idris said the regulatory agency has signed agreements with Russia, Pakistan, France and South Korea to build the capacity of its staff in manning the nuclear plants.
Also, Mr. Ifeoluwa Oyedele, Executive Director, Niger Delta Power Holding Company (NDPHC) Ltd., blamed lack of synergy across the power sector value chain for the dismal performance of the industry.
READ ALSO: Dangote Cement realises N538.37bn profit in one year
Oyedele said the power generation companies could only release about 5,000MW into the national grid due to lack of infrastructure for transmission and distribution to end users.
He said the company was, therefore, looking at supplying power directly to end users through signing off power purchase agreements with industrial clusters across the country.
Oyedele said there was an urgent need to provide access to electricity for more Nigerians in order to accelerate economic growth.
Lere Olayinka, the Senior Special Assistant on Public Communications and New Media to the Minister…
Three football fans have been arrested in Spain over the racist abuse of Barcelona players,…
The Premier League has announced the dates for the 2025/26 season. The current 2024/25 term…
Suspected thieves have carted away two cows worth N2 million after invading the Celestial Church…
No fewer than 519 graduands bagged first class honours as the Federal University of Technology,…
The Nigerian stock market extended its bearish trend on Friday, November 22, 2024, closing the…
This website uses cookies.