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  • Stable Power Supply Underway , Says Buhari
  • President Muhammadu Buhari says careful
    studies are already under way to identify the
    quickest , safest and cost- effective way to bring
    light and relief to Nigerians .

    Buhari made the remark in his inaugural speech
    on Friday in Abuja shortly after taking the oath
    office.
    According to him, no single cause can be
    identified to explain Nigerian ’ s poor economic
    performance over the years than the power
    situation.
    “It is a national shame that Nigeria spent close
    to 20 billion dollars on power in 16 years only
    generate 4 ,000 MW of electricity.
    “It is a national shame that an economy of 180
    million generates only 4 ,000 MW , and
    distributes even less .


    “Continuous tinkering with the structures of
    power supply and distribution and close to
    $20 billion expanded since 1999 have only
    brought darkness, frustration , misery, and
    resignation among Nigerians .
    “We will not allow this to go on.
    “We intend to attack the problem frontally
    through revival of agriculture , solid minerals
    mining as well as credits to small and medium
    size businesses to kick – start these
    enterprises .

    “We shall quickly examine the best way to
    revive major industries and accelerate the
    revival and development of our railways , roads
    and general infrastructure,” he said .

    The president said that careful studies are
    under way during this transition to identify the
    quickest , safest and most cost- effective way to
    bring light and relief to Nigerians .
    Buhari promised to ensure that there is
    responsible and accountable governance at all
    levels of government in the country.

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