The Chief Executive Officer, Enugu Electricity Distribution Company (EDEC), Rob Dickerman, has stated that dearth of infrastructure will render Nigeria’s projection of hitting 20 megawatts (Mw) of electricity generation unattainable.
Rob Dickerman, said about $40billion is required to produce 20,000Mw, arguing that the inability of the Federal Government to provide infrastructure for the power plants would make the plan unrealisable.
He disclosed this at a forum in Lagos, said the project requires huge funds, as well as other infrastructure, such as gas network, strong turbines and policies, among others.
The Eko Disco chief, who praised the deregulation of the gas sector, said it was encouraging that stakeholders in the energy value chain are buying gas at varying prices in line with the competitive gas prices fixed by the government a few years ago.