Nigeria will generate 30 megawatts from coals in 2020 - Minister

Nigeria will generate 30 megawatts from coals in 2020 - Minister

- The minister of mines and steel development, Alhaji Abubakar Bwari, has said that Nigeria will generate 30 megawatts from coals in 2020

- Bwari said that this will be possible because the country has not less than than 2.7 billion tonnes of coal deposits

- The minister revealed that according to recent data, there are coal deposits on more than 22 fields in 16 states throughout Nigeria

Nigeria is on course to generating 30 megawatts of electricity from coal next year, the ministry of mines and steel development has announced.

The ministry made the announcement in a document released by the minister of state in the ministry, , given to newsmen in Abuja on Sunday, January 20, the News Agency of Nigeria (NAN) reports.

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Bwari said that the power would be generated because Nigeria had more than 2.7 billion tonnes of coal deposits.

He said: “Nigerian coal reserves are estimated at over 2.7 billion tonnes out of which about 650 million tonnes are proven.”

He said that available data suggested that there was coal deposits on more than 22 coal fields in 16 states of the federation.

According to him, a project delivery team has been inaugurated for the concession of the remaining five coal blocks of the Nigerian coal corporation, adding that this will be done through a competitive bidding process.

On the ease of doing business in the mining sector, Bwari said that the ministry had taken appropriate steps to improve Nigeria’s ranking in the World Bank ease-of-doing-business index.

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“In line with the Federal Government’s focus on making it easier to do business in the sector, we have continued to address issues towards achieving a decent ranking in the Fraser’s Investment Attractiveness Index,” said Bwari.

Meanwhile, Legit.ng reported that electricity generation companies (Gencos) in the country had called on the federal government to address the challenges facing them or they would be forced to shut down their power plants.

The threat was issued by the Association of Power Generation Companies (APGC), the umbrella body for the Gencos, on Monday, January 14.

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Source: Legit.ng

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