Nigeria’s Minister of Power, Works and Housing, Babatunde Fashola, yesterday explained why the country supplies electricity to neighbouring Benin Republic and Niger.
The two countries enjoy better electricity than Nigeria.
The Minister, who spoke yesterday during the Presidency Quarterly Business Forum in Abuja, said the countries got the supply with the agreement that they won’t dam the river that sustains Kainji Dam.
He said Nigeria “sells the power in exchange for a guarantee that they won’t dam the rivers that sustain Kainji Dam.”
The forum was attended by members of President Muhammadu Buhari’s Economic Management Team, EMT, headed by Vice President, Prof. Yemi Osinbajo.