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LequteMan
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Group Managing Director of the NNPC, Ibe Kachikwu has stated that the corporation will sell its unused energy to the Transmission company of Nigeria, in order to boost the country's power supply status.
Kachukwu said NNPC only uses 15% of the energy it generates. He said the remaining 85% will be sold to TCN henceforth.
Kachukwu made it clear that, henceforth, it will no longer be business as usual as he is set to turn the corporation into a profit making one that will support government. The new helmsman said all forms of wastefulness will no longer be tolerated as every kobo matters.
Already, the federal government is shopping for N15 billion annually to generate 8,000 megawatts of electricity in the next three years, the transmission company said.
Leadership
Kachukwu said NNPC only uses 15% of the energy it generates. He said the remaining 85% will be sold to TCN henceforth.
Kachukwu made it clear that, henceforth, it will no longer be business as usual as he is set to turn the corporation into a profit making one that will support government. The new helmsman said all forms of wastefulness will no longer be tolerated as every kobo matters.
Already, the federal government is shopping for N15 billion annually to generate 8,000 megawatts of electricity in the next three years, the transmission company said.
Leadership