BUSINESS
Nigeria working hard to stabilise power – Buhari
President Muhammadu Buhari on Tuesday said the Federal Government is working hard to stabilise the power situation in Nigeria, adding that his administration was committed to realising the objective and that the resources were available.
Buhari stated this at a joint press conference with visiting president of Togo, Faure Gnassingbe, at the Presidential Villa, Abuja, assuring that the epileptic power situation in Nigeria would soon give way for stable power supply.
The Togolese president was in Nigeria to inspect the ongoing refinery project by Dangote group in Lagos.
President Buhari, who revealed that the same power problem was bedeviling Republic of Benin, stated that productivity would be competitive when the situation improved.
His words: “They say seeing is believing. You can see the efforts private investors are making. We are also building pipelines but it is not as formidable as what Dangote is doing. We are improving on it. We also have the NLNG that is helping is to liquefy the gas and then turn it into gas with modern technology and modern technology is making it flexible.
“And if you will recall, I made mention to President of Benin. We have power problem and Benin has power problem because they depend on us and we are working very hard to stabilise the situation. The resources are available, the technology is available and we are trying to stabilise the situation.
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“If we improve power which means our productivity can be competitive and God willing, we are going to achieve our objectives.
Buhari also said he discussed the situation in South Sudan and Burundi with the Togolese President.
“We also discuss the unfortunate incidents in South Sudan, Burundi. It is an agonising situation. Several citizens are living under primitive conditions. We hope at the AU meeting, we will be able to stabilise the situation in South Sudan and Burundi with the efforts being made,” Buhari said.
Also speaking, the visiting Togolese president said he was impressed by Dangote’s string of investment in Africa.
He said: “I’m impressed by the investment of Dangote because we have been talking of socio-economic integration and promoting trade among African countries.
“If you want to promote trade, you have investors that are very competitive and will contribute to reduce import from non-african countries. I was told the gas pipeline that will be built will be buried under the sea to make it. It means if you want to promote blue economy, our ocean needs to be very safe. We need security”.
Gnassingbe also invited president Buhari to attend the maritime summit holding in Togo in October this year.