The National Economic Council (NEC) says issues of Right of Way (RoW) resolutions are hampering power transmission projects.

 

Gov. Inuwa Yahaya of Gombe State said this while briefing State House correspondents after a virtual NEC meeting presided over by Vice President Yemi Osinbajo on Thursday in Abuja.

 

Yahaya said that the Minister of Power updated the council on the power situation in the country.

 

He said the council was briefed on the on-grid power generation which also resulted in grid collapses on March 14 and March 15.

 

“A key observation came up that needs urgent attention is the issues ROW that has hampered billions of Naira of Transmission projects that are meant to strengthen and expand the grid.

 

“ Most of these projects are stalled or delayed because of gaps in the implementation of RoW resolutions that state governments are responsible for.

 

“Currently, there are 32 projects across multiple states stalled or that have been unable to begin post-approval.

 

“The projects account for an investment of 137 million dollars that the Nigerian public is unable to realize value from due to these intractable issues,’’ he said.

 

The governor said that NEC was urged to review the situation with a view to having the issues addressed by the affected states.

 

He said that the Minister of Finance, Budget, and National Planning presented an update to the council on federation accounts.

 

The governor said as of March 22, the Excess Crude Account stood at 33.8 million dollars; the Stabilisation Account, N31.2 billion; the Development of Natural Resources Account, N55.5 billion.

 
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