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Power is the center point of the development process. All other indices of development anchor on power and energy. The failure to make power supply efficient has impacted negatively on the economy. It has made the cost of production and business high and has invariably raised the cost of agricultural produce and other finished goods and services thereby thwarting the growth of our economy.
The crisis in the power sector is one of the major causes of the present collapse of the industrial sector and the inability of small scale industries to thrive. To kick-start industrial growth in the country, stable and affordable power supply is an absolute necessity.
The APC Government shall vigorously pursue the expansion of electricity generation and distribution of up to 40,000 megawatts in four to eight years. The party will also work assiduously at making power available from renewable energy sources such as coal, solar, hydro, wind and biomass for domestic and industrial use, wherever these prove viable
As a matter of pressing priority and urgency, tackle the paralyzing lapses with electric power generation, distribution and supply.
Resolve all stalemate around the reform of the power sector and develop a transparently agreed power generation and distribution milestones with clear timeliness and targets.
Liberalize the monopoly of the Federal Government in power generation and supply. We shall devolve much of power and energy to the private sector.
The gas and thermal stations will particularly be encouraged to increase their supply capacities.
Alternative power sources, including hydro, solar, coal and wind energy will be explored and developed.
Regular Turn Around Maintenance (TAM) of existing facilities will be done to ensure steady and uninterrupted utility supply.
An aggressive and efficient tariff/revenue recovery system will be pursued. All avenues of waste, corruption and abuse will be checked.
Rural electrification will continue to be encouraged.
Improve management efficiency of the nation’s distribution system, improve commitment to consumer service and sensitize a national energy conservation and maintenance culture on electricity supply.