The Federal Government on Tuesday said it had opened bids for the construction of nuclear power plants that would generate 4,000 megawatts of electricity for the country.
Dr Yau Idris, Director General, Nigerian Nuclear Regulatory Authority (NNRA), made the disclosure while speaking at the ongoing Nigerian International Energy Summit (NIES) in Abuja.
Idris said: “It is wrong to think that Nigeria can’t manage a nuclear power plant.
“Nigeria is trying to deliver 4,000MW of electricity through nuclear power. We are trying to construct four units and we are at the bidding stage.”
Also, Mr Ifeoluwa Oyedele, Executive Director, Niger Delta Power Holding Company (NDPHC) Ltd., blamed the lack of synergy across the power sector value chain for the dismal performance of the industry.
Oyedele said the power generation companies could only release about 5,000MW into the national grid due to a lack of infrastructure for transmission and distribution to end-users.
He said the company was, therefore, looking at supplying power directly to end-users through signing off power purchase agreements with industrial clusters across the country.
Oyedele said there was an urgent need to provide access to electricity for more Nigerians in order to accelerate economic growth.