The Senate committee on power led by the chairman, senator Gabriel Suswan said Nigeria will not likely have stable power supply in many years to come.
He made this Sterling submission during the budget defence with the minister of power, Saleh Mamman where it was discovered that Mambilla Power project was not captured in the 2021 budget.
Other members of the committee, including senator Shaibu Lauren, Danjuma Gone and James Manager wondered why no dime was allocated for the project considering its importance which is expected to add about 3,050 megawatts of electricity to the national grid.
The Committee was also jolted by the submission of the Managing Director of Transmission Company of Nigeria (TCN), Engineer Sule Ahmed Abdulaziz that out of N165 billion required for capital project in 2020, N40 billlion envelope was given, out of which only N3 billion was cash backed.
These lamentations dominated the budget defence session the Minister and the TCN MD had with the Senate Committee on Power.
Earlier, Lau had intimated the Committee that the project site lacked an access road despite promises made on the project by the Federal government on a yearly basis.
“Nothing in the proposed 2021 budget that concerns Mambilla, showing that there is no commitment from the government.
“The truth about the project going by glaring realities on ground over the last ten years, is that Mambilla will not see the light of day”, he said.
Reacting further, the Minister admitted that the project is yet to take off but that he was still trying to convince Mr. President on it.
According to him, special fund of $200 million targeted for the project is still in the office of the Chief of Staff while the N850 million expected from Nigeria as 15 per cent of the contract sum is yet to be paid.
The 85 per cent; balance of the contract sum, he added, is to be financed by the Chinese NEXIM Bank.