{"id":11861,"date":"2017-03-30T11:35:48","date_gmt":"2017-03-30T10:35:48","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=11861"},"modified":"2017-03-30T11:35:48","modified_gmt":"2017-03-30T10:35:48","slug":"nnpc-plans-to-generate-trasmit-electricity","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/nnpc-plans-to-generate-trasmit-electricity\/","title":{"rendered":"NNPC plans to generate, trasmit electricity"},"content":{"rendered":"<p style=\"text-align: justify; background: #F7F7F7; margin: 0in 0in .25in 0in;\"><span style=\"font-size: 15.0pt; letter-spacing: .4pt;\">The Nigerian National Petroleum Corporation has said its ongoing reform was geared towards transforming it from an oil and gas company into an integrated energy outfit with interest in power generation and transmission.<\/span><\/p>\n<p style=\"text-align: justify; background: #F7F7F7; box-sizing: inherit; color: rgba(0, 0, 0, 0.901961); font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px; word-spacing: 0px; margin: 0in 0in .25in 0in;\"><span style=\"font-size: 15.0pt; letter-spacing: .4pt;\">It also stated that the country\u2019s power transmission capacity was inadequate, adding that this was the major reason for the poor supply of electricity nationwide.<\/span><\/p>\n<p style=\"text-align: justify; background: #F7F7F7; margin: 0in 0in .25in 0in;\"><span style=\"font-size: 15.0pt; letter-spacing: .4pt;\">The Group Managing Director, NNPC, Dr. Maikanti Baru, stated this at the 53rd International Conference and Exhibition of the Nigerian Mining and Geosciences Society in Abuja.<\/span><\/p>\n<p style=\"text-align: justify; background: #F7F7F7; box-sizing: inherit; color: rgba(0, 0, 0, 0.901961); font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px; word-spacing: 0px; margin: 0in 0in .25in 0in;\"><span style=\"font-size: 15.0pt; letter-spacing: .4pt;\">He said the corporation had identified opportunities in the power sector and was ready to take advantage of them to transform from being a gas supplier to the power sector into a major player in the industry.<\/span><\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<p style=\"text-align: justify; background: #F7F7F7; box-sizing: inherit; color: rgba(0, 0, 0, 0.901961); font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px; word-spacing: 0px; margin: 0in 0in .25in 0in;\"><span style=\"font-size: 15.0pt; letter-spacing: .4pt;\">In a statement by the Group General Manager, Group Public Affairs Division, Mr. Ndu Ughamadu, the NNPC boss stated that the corporation was already working on a project to generate four megawatts of electricity, while also exploring the possibility of investing in the transmission segment of the power sector.<\/span><\/p>\n<p style=\"text-align: justify; background: #F7F7F7; margin: 0in 0in .25in 0in;\"><span style=\"font-size: 15.0pt; letter-spacing: .4pt;\">Baru explained that the corporation\u2019s decision to diversify into the power sector was hinged on the need to bridge the huge energy gap in the Nigerian market.<\/span><\/p>\n<p style=\"text-align: justify; background: #F7F7F7; box-sizing: inherit; color: rgba(0, 0, 0, 0.901961); font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px; word-spacing: 0px; margin: 0in 0in .25in 0in;\"><span style=\"font-size: 15.0pt; letter-spacing: .4pt;\">He said that contrary to the impression that the poor power situation was caused by inadequate gas supply, the real problem was insufficient transmission capacity.<\/span><\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>The Nigerian National Petroleum Corporation has said its ongoing reform was geared towards transforming it from an oil and gas company into an integrated energy outfit with interest in power generation and transmission. It also stated that the country\u2019s power transmission capacity was inadequate, adding that this was the major reason for the poor supply &hellip;<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":11,"featured_media":894,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[17],"tags":[188],"coauthors":[2392,2393],"class_list":["post-11861","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-news","tag-nnpc"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NNPC plans to generate, trasmit electricity - National Wire<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/nnpc-plans-to-generate-trasmit-electricity\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NNPC plans to generate, trasmit electricity - National Wire\" \/>\n<meta property=\"og:description\" content=\"The Nigerian National Petroleum Corporation has said its ongoing reform was geared towards transforming it from an oil and gas company into an integrated energy outfit with interest in power generation and transmission. 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