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6,000 Megawatts - FG Assures Nigerians

Thu. August 20, 2009; Posted: 09:42 AM
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Lagos, Aug 20, 2009 (This Day/All Africa Global Media via COMTEX) -- PZCUF | Quote | Chart | News | PowerRating -- Minister of Commerce and Industry, Chief Achike Udenwa, has reassured Nigerians that President Umaru Musa Yar'Adua administration will realise its goal of generating 6,000 megawatts of power on or before December 2009.

This is coming just as Chairman of Nutricima Limited, Chief Kola Jamodu, also dismissed reports that PZ Cussons Plc, the parent company of Nutricima Limited, was planning to move from Nigeria to Ghana.

This was disclosed yesterday at the official commissioning of the Nutricima ultra-modern "Ready to Drink" factory in Ikorodu area of Lagos, where Udenwa assured that Yar'Adua would fulfil the promise of generating 6,000 megawatts by December.

He said the Yar'Adua administration "is working hard to address various challenges that "constrain the process of growth and development in Nigeria, in spite of which Nigeria is still the best investment destination in the whole world.

"The Yar'Adua administration has a plan to generate 6,000 megawatts. We are pursuing this plan most rigorously and seriously.

"We still have four months ahead to achieve this objective. We are confronted with certain challenges, but Nigeria remains the right destination for investment," Udenwa said.

For full details for PZCUF click here.

    


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