Written by Simon Echewofun Sunday
The Minister of state for Power, Hajiya Zainab Ibrahim Kuchi has said the zero budgetary allocation to the 17 successor companies of former Power Holding Company (PHCN) in the 2013 appropriation were being funded with the Multi Year Tariff Order (MYTO) II.
She said latest July ending, the electricity distribution and generation companies would be handed over to the preferred bidders after all labour related issues of PHCN workers are sorted out. Kuchi spoke in Abuja yesterday at a press conference.
The minister denied media reports which quoted her to have said at a senate committee hearing that the ministry was yet to get the first and second quarters’ budgetary release and that electricity generation capacity will hit 10, 000 megawatts by the end of 2013.
She said “…were not
0 comments:
Post a Comment