The Honourable Minister of Power, Works and Housing, Mr Babatunde Raji Fashola (SAN) has declared that power failure is man-made and thus can be solved by man.
The minister made this declaration while delivering a distinguished lecture today at the J.F Ade Ajayi Hall, University of Lagos. The lecture, which was organized by the Department of Economics of the university, was titled: THE POWER SECTOR REFORM IN NIGERIA; CHALLENGES AND THE WAY FORWARD.
Delivering his lecture, Fashola stated that though Nigeria is facing a lot of challenges, there have been improvements in the power sector recently. He said, “When the Buhari administration inaugurated me on May 29th, 2015, 2090 megawatts were available in the power sector. But by May 29th, 2017 the amount had gone up to 4014 megawatts”. This statement was met with applause by the audience.
He further stressed that to make even more power available, we must adopt an Electric Friendly Building System, stating that he is working on generation of power through natural means. He said over 70% of power is with the private sector, and the government’s duty is to ensure the regulation of the sector.
Fashola compared power plants to household generators that needs mechanical maintenance, cautioning against unrealistic experts. He explained that some of the proposed solutions could not be adopted, because they all have their demerits.
Dignitaries at the event included the Vice Chancellor Prof. Rahmon Ade Bello, the Pro chancellor Dr. Wale Babalakin (SAN), Deputy Vice Chancellor Prof. Toyin Ogundipe, and other top management staff of the University.
The final activity of the day was the presentation of awards to the Distinguished Lecturers and Pro Chancellor by the Vice Chancellor, Professor Rahmon Bello.