FG to increase electricity supply in 9 key cities, says minister

The Federal Government is planning toincrease electricity supply in nine key economic cities, as part of the move to encourage Foreign Direct Investment in the country.The Minister of Power, Professor Barth Nnaji, made the disclosure on Monday in Abuja at a press conference to mark 50 years of capital market regulation in Nigeria, organised by the Securities and Exchange Commission (SEC).The cities are Lagos, Onitsha, Port Harcourt, Ibadan, Kano, Kaduna, Enugu and Aba.Professor Nnaji noted that the country had made tremendous progress in the area of electricity generation having achieved 4,000 megawatts.He, however, declared that this did not call for celebration considering the over 150million population of Nigeria and the fact that some countries in the West African sub region could boast of higher megawatts.The minister further said that the various investments going on in the sector were aimed at improving electricity generation.
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