Power Ministry Budgets N168 Million For Fuel, Generator

ADVERTISE HERE

ADVERTISE HERE

As the Federal Ministry of Power, Works and Housing strives to improve
the country’s power supply, it is also making budgetary proposals for
the purchase, maintenance and fuelling of generators at its headquarters
and various agencies.

An analysis of the 2019 budget proposal of
the FMPWH that was recently submitted by President Muhammadu Buhari to
the National Assembly showed that the ministry and its agencies had
proposed to spend N167.96m this year on the purchase, maintenance and
fuelling of generators/plants.

Nigeria currently generates and
distributes an average of 4,000 megawatts of electricity and the sector
is still suffering from a serious liquidity crisis despite being
privatised since November 1, 2013.

The 2019 budget proposal
revealed that at the headquarters of the power ministry, a total sum of
N26.6m was budgeted for maintenance of plants/generators, while
plant/generator fuel cost was put at N16.3m.

The FMPWH headquarters also made a budget proposal of N50m for the purchase of generators.

The
National Rural Electrification Agency proposed to spend N488, 000 on
the maintenance of plants and generators, while N1.55m was budgeted as
fuel cost for its plants and generators.

In its 2019 budget
proposal, the Nigerian Electricity Management Services Agency’s
headquarters proposed to spend N2m on maintenance of plants and
generators. It plans to spend N4m to fuel the plants and generators in
2019.

The National Power Training Institute made a proposal of
N1.5m for the maintenance of plants and generators and intends to spend
another N1.5m for the fuelling of the equipment.

The Nigeria
Electricity Liability Management Limited proposed N2.3m and N3.31m for
the maintenance and fuel cost of plants/generators respectively, while
the Office of the Surveyor-General of the Federation, under the works
arm of the FMPWH, proposed N3.1m and N5.84m for the maintenance and
fuelling of its plants/generators in the 2019 fiscal year.

The
Federal School of Survey, Uyo, only budgeted for the maintenance of
generators/plants at a cost of N1m, while the Federal Road Maintenance
Agency’s proposal for maintenance of plants/generators and fuel cost
were put at N1.62m and N10.59m respectively.

ADVERTISE HERE

CLICK HERE TO COMMENT ON THIS POST

Do you find Naijafinix Blog Useful??

Click Here for Feedback and 5-Star Rating!



Be the first to comment

Share your thoughts

Your email address will not be published.