The Federal Government is to invest N198 . 28 bn on various capital projects in the power sector in different parts of the country in 2021 .
Different sectors in the power industry have been mapped out to partake in the N198 . 28 bn fund for capital projects in the 2021 budget proposal that was recently submitted to the National Assembly .
The Federal Ministry of Power will make the largest investment as it targets to invest N173 . 78 bn on capital projects during the period .
National rural electrification , managed by the Rural Electrification Agency , will invest a total of N17 . 86 bn on power infrastructure development in rural communities .
The Nigerian Electricity Regulatory Commission plans to invest N294 . 1 m on capital projects, while capital projects to be handled by the Nigerian Electricity Management Services Agency will gulp N441 . 1 m .
The allocation for capital projects to be handled by the Transmission Company of Nigeria, as contained in the budget , is N4 .69 bn .
Also , the capital outlay projected for 2021 by the Nigeria Electricity Liability Management Limited is N 914 .87 m , while the National Power Training Institute targets to invest N294 . 1 m .
The total overhead for the entire ministry and its agencies was N1 . 16 bn .
The amount budgeted for personnel in the power ministry and its agencies is N 4 . 9 bn .