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
|
No comments:
Post a Comment