Enugu - The Minister of Power, Prof. Chinedu Nebo, has reassured Nigerians of steady electricity supply in a very short time.
Nebo gave the assurance at the investiture of the newly elected president
and council of the Enugu Chamber of Commerce, Industry, Mines and Agriculture
(ECCIMA) in Enugu.
According to him, downturn in the power sector is only temporary and
that government is doing everything possible to provide stable electricity.
“Lots of work is being done. Government is putting the right mechanisms in place
to ensure adequate electricity 24/7,’’ he said.
Nebo praised industrialists for their steadfastness, urging them
to support government's endeavours toward making them succeed.
The minister said that the Federal Government had commenced the mapping out
of industrial and agricultural clusters across the country with a view to
giving them electricity.
“Industry and manufacturing are keys to economic development and give a
double digit growth to the Gross Domestic Product (GDP),’’ he said.
The Chairman, National Electricity Regulatory Commission (NERC), Dr
Sam Amadi, said that privatisation was a major component factor in the power
“The establishment of a competitive electricity market with free entry and
exit for private providers is the major objective of the power sector reform in
Nigeria,’’ Amadi said.
Amadi urged Nigerians to stop politicising power, saying that to privatise
power was not an easy process.
According to him, the next phase of the power reform is to regulate the
tariff, which he said, was already in progress.
He appealed to chambers of commerce in the country to support the
transformation agenda of the present administration by ensuring the realisation
of the power reform objectives.