We have invested N900bn on power since assumption of office – Osinbajo

We have invested N900bn on power since assumption of office ? Osinbajo
Vice President Yemi Osinbajo says the present administration has invested N900 billion in the power sector since it took over from the last administration in 2015. 
Osinbajo revealed this during his courtesy visit to Chike Edozien, the Asagba of Asaba, on Friday. Noting that one of the problem in the power sector is that Distribution Companies (Discos) control a particular territory, the Vice President stated that the Buhari Government is working towards resolving the challenges. 
”Since assumption of office, we have invested so far in terms of support N700 billion in the power sector. Earlier, we invested N200 billion,” he said. 
”And now we are saying that any company that wants to provide power to any territory, should be able to provide power for the territory and the people. We have been able to break the existing monopoly in the power sector. Whether upgrade or not, the DisCos should be able to serve the people. Another strategy we are trying to introduce is to open up the power sector by restructuring", he added. 

Comments

Post a Comment

Popular posts from this blog

The man in the viral child blowjob video has been arrested .

Image
An Alabama man is in custody Tuesday as a suspect in a child pornography video that was shared worldwide on social media, authorities said. . . Germaine Moore, 44, of Millbrook, Alabama, turned himself in to authorities outside of Montgomery early Tuesday, according to Lt. Brooke Walker, commander of the Alabama Internet Crimes Against Children Task Force. . . The video depicts a sexual act between an adult male and a minor, whom authorities believe was 6 years old at the time. . . Many people shared the video on social media in an apparent attempt to locate the man seen in the video, leading authorities in several states to warn people they could face charges for sharing and possessing the video . . Charges are pending against Moore. He already faces criminal sexual conduct charges in Michigan involving three young relatives he allegedly sexually assaulted over the course of several years in Michigan and Alabama. . . The young relatives, who are now ages 9, 10 and 12, were in Moore...
Keep reading

20-year-old lady stabs her husband to death in Anambra

Image
A 20-year-old lady identified as Makoduchukwu Ndubisi, has been arrested by the  Anambra State  Police command after she stabbed husband to death. The  20-year-old lady who was arrested at their residence at NO. 16 Donking Street, Nsugbe, Anambra State, stabbed her husband John Bosko Ngu, on his chest with a sharp knife over a feud yet to be ascertained. Police spokesperson, Haruna Mohammed who confirmed the arrest, said the corpse of the deceased has been deposited at the morgue. He said; “At about 8am today, police detectives attached to 33 Police Station Onitsha arrested one Makoduchukwu Ndubisi , 20, of No 16 Donking Street Nsugbe in Anambra East LGA of Anambra State. Suspect allegedly had a scuffle with her husband, one John Bosko Ngu ,aged 35 years of the same address and stabbed him on his chest with a sharp knife. “Scene was visited by police detectives and victim rushed to Boromeo Hospital Onitsha for medical attention but was certified ...
Keep reading

Rapper Ruggedman attacked in London by four men suspected to be Naira Marley fans [Video]

Image
A video of Nigerian rapper, Ruggedman, being attacked by a group of men in London is buzzing online. Although details of what led to the attack are still sketchy, web users have suggested that it had to do with the Ruggedman vs Yahoo boys saga in which the rapper was threatened with thorough beating for speaking against the menace, few months ago. Watch the video here: https://www.instagram.com/p/ByujMscgxf1/
Keep reading