The Federal Government has said that about N120m monthly, totalling N1.5bn annually is spent to repair power and gas lines destroyed by vandalism across the country.
Minister of Power, Prof. Chinedu Nebo said this while briefing state house correspondents at the end of a board meeting of the Niger Delta Power Holding Company Limited presided over by Vice-President Namadi Sambo at the Presidential Villa, Abuja.
Prof. Nebo noted that four power plants will be commissioned in the next few weeks.
He said “Four power plants have been completed and will be commissioned in the next couple of weeks; Sapele is one of them, Ihobor is another one.
“Hopefully, and by the grace of God, we intend to do the commissioning very soon so that Nigerians will enjoy even more the benefits of what the current administration has done in the power sector.
“There are literally hundreds of other projects that need to be commissioned. So, very soon we are going into commissioning exercise.”
He also added that outgoing administration had been able to achieve installed minimum electricity generation capacity of 5,500MW.