The Federal Ministry of Power, Works and Housing, under Babatunde Fashola, is to pocket millions of Naira for the purchase, maintenance and fueling of generators at its Headquarters and various Agencies.
An analysis of the 2019 budget proposal that was recently submitted by President Muhammadu Buhari to the National Assembly, showed that the Ministry and its Agencies had proposed to spend N167.96 million, this year, on the purchase, maintenance, and fueling of generators/plants.
Recall, that Nigeria currently generates and distributes an average of 4,000 megawatts of electricity, and the sector is still suffering from a serious liquidity crisis, despite being privatised since November 1, 2013.
The 2019 budget proposal, revealed that at the Headquarters of the Power Ministry, a total sum of N26.6 million was budgeted for the maintenance of plants/generators, while plant/generator fuel costs was put at N16.3 million.
It also made a budget proposal of N50 million, for the purchase of generators.
The National Rural Electrification Agency, proposed to spend N488,000 on the maintenance of plants and generators, while N1.55 million was budgeted as fuel cost for its plants and generators.
In its 2019 budget proposal, the Nigerian Electricity Management Services Agency’s Headquarters, proposed to spend N2 million on maintenance of plants and generators. It plans to spend N4 million to fuel the plants and generators, in 2019.
The National Power Training Institute, made a proposal of N1.5 million for the maintenance of plants and generators, and intends to spend another N1.5 million for the fueling of the equipment.
The Nigeria Electricity Liability Management Limited, proposed N2.3 million and N3.31 million, for the maintenance and fuel cost of plants/generators, respectively, while the Office of the Surveyor-General of the Federation, under the Works arm of the Ministry, proposed N3.1 million and N5.84 million for the maintenance and fueling of its plants/generators, in the 2019 fiscal year.
The Federal School of Survey, Uyo, only budgeted for the maintenance of generators/plants at a cost of N1 million, while the Federal Road Maintenance Agency’s proposal for maintenance of plants/generators and fuel cost, were put at N1.62 million and N10.59 million, respectively.