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Sunday, 26 May 2013

Problem of power sector is corruption, not lack of funds – NERC boss

Posted on 22:48 by Unknown
Electric-power-plant
 
electrification agency
Oscarline Onwuemenyi
26 May 2013, Sweetcrude, ABUJA – The Chairman and Chief Executive Officer of the Nigerian Electricity Regulatory Commission, NERC, Mr. Sam Amadi has argued that the major challenge to the development of the nation’s electricity sector was not inadequate funding as has been bandied over the years, but corruption, inefficiency and greed of operators.
Amadi, who spoke in an interview with our correspondent in Abuja, stressed that more than 80 per cent of the challenge within the power sector was due to corruption.
He noted that it was fashionable among government officials to point fingers at poor funding as the challenge in the power sector, but wondered how judiciously they had applied funds that were made available in the past.
 
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Blog Archive

  • ▼  2013 (500)
    • ►  August (49)
    • ►  July (109)
    • ►  June (126)
    • ▼  May (153)
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