Nigeria Power Supply Will Be Among Best 20 By 2020-President Jonathan

Nigeria power supply will be among best 20 by 2020 –Jonathan

Written by -    Friday, 29 June 2012

President Goodluck Jonathan says power supply in Nigeria will be among the best 20 in the world in the next eight years.

The president gave the assurance in Lagos yesterday at the 40th Annual General Meeting of Manufacturers Association of Nigeria (MAN).
Represented by Dr Samuel Ortom, Minister of State for Trade and Investment, the president said government would do everything possible to address the “structural weaknesses standing between us and revolutionizing the power sector”.

“Some of the problems are deep, but not beyond the government. We are currently reviewing the lapses in the power sector to make it one of the best in the world in the year 2020. Nigeria is on the threshold of history, ready to join the world economic powers in the very near future”, he said.

The president said the emphasis of government was to promote the processing of the nation’s natural resources for consumable commodities, saying this would also beef up “our export portfolio”.



He said the government’s effort at attracting local and foreign investors into the economy was yielding positive results. “More than 16,000 local and foreign investors have registered their intentions to do business worth about N6.6 trillion in just one year,” he said.

The president lauded the MAN’s blueprint to boost the sector, assuring them that the consideration of the blueprint would be highly valued by the government and put to work.

The MAN President, Mr. Kola Jamodu, said the manufacturing sector was one of the most powerful engines for economic growth and a catalyst for transformation of the nation’s economic structure. (NAN)

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Posted: at 29-06-2012 09:31 AM (11 years ago) | Gistmaniac

Continue to delude yourself GEJ. We have not forgotten the jingle that promised us virtually everything by the year 2000. Next was the year 2010. Then the year 2015. Now it is the year 2020. Upon all these failed promises, there is no sign of any effort by the leadership except fraud everywhere. Well, in God we place our hope and trust.

Posted: at 29-06-2012 10:50 AM (11 years ago) | Upcoming

PRESIDENTIAL ELECTION NEVER REACH NAAAA.... WHY THIS CAMPAIGN. OVER MILLION AND ONE PROMISES WEY OUR FOOLISH LEADERS DON PROMISE THEM NEVER FIT FULFILL ONE. YOU DEY EYE 2020 WHILE U NEVER FIT DO ANY THING SINCE U DEY SIT. NONSENSE 

Posted: at 29-06-2012 11:28 AM (11 years ago) | Upcoming

e nor concern what they want to do in naija any more cos am tired of hearing news news news n no action or construction bin carried out 

Posted: at 29-06-2012 01:04 PM (11 years ago) | Upcoming

Abeg I no want listen to this man again?  2020 when his government would have gone and be under numerous probing by the next government which I will surely be part of.  Mr. no direction abeg leave Aso rock for us oooo

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Posted: at 29-06-2012 01:41 PM (11 years ago) | Hero

 

Posted: at 29-06-2012 01:48 PM (11 years ago) | Gistmaniac

8 years is too far, if him really want to do it 3 years is ok to lighting up every where in nigeria, if him doesn't know the right people to give the contract let him consult me.

Posted: at 29-06-2012 02:06 PM (11 years ago) | Upcoming

THAT IS NIGERIAN PHENOMENON, ONE STUPID ANIMAL AS PRESIDENT WOULD WAKE UP FROM HIS SLUMBERED SLEEP ONE EARLY MORNING AND BEGIN TO  GIVE OUT PROMISES TO NIGERIANS.........president must tell us nigerians if we re not supposed to be  tired of being patience ?

Posted: at 29-06-2012 02:16 PM (11 years ago) | Gistmaniac

Hmmmmm

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Posted: at 29-06-2012 02:18 PM (11 years ago) | Addicted Hero

Am I missing something here won't this guy be out of office then?

Posted: at 29-06-2012 03:42 PM (11 years ago) | Gistmaniac