Tuesday, 7 January 2014

NIGERIAN GOVERNMENT GIVES JUNE, 2014 DEADLINE FOR STABLE ELECTRICITY.



The federal government has mandated private power companies to ensure steady electricity supply in Nigeria by June 2014.
Minister of Power, Professor Chinedu Nebo, issued the deadline, while inaugurating the new board of the Transmission Company of Nigeria.

Professor Nebo, explained that the six months ultimatum indicates government’s determination to address the power issue.
He warned that the Presidency will not entertain any excuses on the part of the companies.
Professor Nebo added that the Federal Government was reviewing the power contract with Manitoba Hydro International, due to some shortcomings and concerns raised by the National Assembly.
You will recall that seventeen successive companies were created out of the Power Holding Company of Nigeria, as part of reforms in the power sector.

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