Saturday, 16 February 2013

Power Reforms Saboteurs will hear from us - Prof. Nebo



Minister of Power, Prof. Chinedu Ne

The story is from Channelstv.
The minister has stated that government will not hesitate to deal with anyone who plans to destabilize the smooth transition in the power sector in line with the on-going privatisation of the Power Holding Company of Nigeria (PHCN).

He gave the warning at a technical session of the presidential task force on power in Abuja which had government officials and industry experts in attendance.

Here, the work of the task force will be x-rayed and assessed by the experts.

Professor Nebo expressed his belief that decades of neglect is responsible for the rot in the power sector and stated that it will soon be a thing of the past.

However, analysts worry that it may take a lot more than words of caution to stop sabotage in the sector starting with the uncertainties trailing the management contract of the Transmission Company of Nigeria by Canadian firm Manitoba Hydro.

Critics and analysts have commented that the TCN /Manitoba issue seems to have become a game of to be or not to be which the Federal Government insists will be sorted in the nearest future.

Professor Nebo has also pointed out that any official in the power distribution companies found to be sabotaging the revenue collection targets of the market  will be made to face the full wrath of the law as government will not tolerate complacency and ineptitude of these companies.