Power Generation To Drop For Six Days

L-R: Director, Securities and Exchange Commission, Mrs Mary Uduk, President, Chartered Institute of Stockbrokers, Mr Ariyo Olushekun, Chairman, Bancorp Plc, Mr Tola Mobolurin, Managing Director, Partnership Investment Company Plc, Mr Victor Ogiemwonyi and Chairman,Nigeria Electricity Regulation Commission, Dr Sam Amadi, at the 17th Annual Stockbrokers Conference in Lagos last Thursday.
Photo: NAN.

Electricity generation in the country is expected to drop by 400megawatts beginning from Monday through Saturday this week, the Transmission Company of Nigeria has said.
This, according to TCN, will lead to a six-day nationwide power rationing.
The firm, in a statement on yesterday, explained that the drop in power generation would be as a result of maintenance work on one of Shell Petroleum Development Company’s gas plant.
TCN said, “There will be a reduction in generation output by 400MW, from Monday 4th to Saturday, 9th November, 2013.This is due to the SPDC’s scheduled maintenance work on Okoloma gas plant supplying gas to Afam VI power plant, thereby leading to the shutdown of the power plant, resulting in nationwide power rationing.”
TCN said the shutdown of Afam VI power plant became necessary to allow SPDC inspect and carry out routine maintenance work on the Okoloma natural gas station in Afam, Rivers State, to ensure its technical integrity.
Menwhile, As the Federal Government hands over the power sector to new core-investors in the country  President Goodluck Jonathan on Sunday said  the Federal Government would ensure that the new investors in the power sector would not rip off Nigerians.
Jonathan gave the assurance in his message at the third session of the sixth Synod of the Church of Nigeria, Anglican Communion in Ihiagwa, Owerri, in Imo, yesterday.
He restated the Federal Government’s commitment to improve infrastructure as well as ensure that the power sector performed better than the telecommunications industry.
Represented by Chief Chukwuemeka Nwogu, the Minister of Labour, Jonathan said the privatisation of the power sector would make electricity sufficient for the nation.
“There will be power all over the country; all we need is for everybody to support the government to achieve our goals,” he said.
The president also said government was working hard to reposition the railway sub-sector, adding that that trains were already operating on the North-South routes.
“The eastern corridor would soon be resuscitated. We are taking bold steps to tackle the problems of the country and by the grace of God, we will succeed,” he said.
On the proposed national conference, he said he was convening it to enable Nigerians to discuss the issues in the country.
“Let us talk and settle the issue of church burning, bombing, ethnicity and various other problems bedeviling the country. Everyone must be involved,’’ President added.
The Bishop of Egbu Diocese, Rt. Rev. Geoffrey Okorafor, prayed for the president and the nation, and sued for support of peace and development processes in the country.