#lightupnigeria: Jonathan, World Bank in Talks over Power Sector
0#lightupnigeria..ThisDay reports…
Acting President Goodluck Jonathan has asked the World Bank to support Nigeria’s efforts to revamp its infrastructure and overcome the challenges of power generation.
Jonathan made the call at the World Bank headquarters in Washington DC, where he held a closed-door meeting with the President of the Bank, Robert Zoellick, and the bank’s top officials on Monday.
THISDAY learnt that the Acting President, while noting that currently, Nigeria’s power comes from hydro-electric sources, said the turbines, due to old age, require urgent refurbishment or replacement.
He said though government is considering additional power source from its rich coal deposit, this is likely going to take a longer time to achieve, and the exploitation of a nuclear-based source may take between eight and 10 years.
Based on all these, the Acting President said Nigeria’s immediate remedy lies in the activation of its hydro-electric potentials
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