The Federal Government has assured prospective investors in the ongoing privatisation process of the power sector that there is no going back on the reforms.
Minister of Power, Professor Chinedu Nebo, made this disclosure at a road show by Niger Delta Power Holding Company (NDPHC) in Lagos, on Monday, to kick off the privatisation process of the 10 power plants built by the company.
Industry experts had raised fears over the reforms being undertaken by the Federal Government, especially as labour issues lingered on for so long and remained unresolved till date.
However, Nebo, who was among the key speakers at the road show said the privatisation process was maturing and there was no room for abortion.
He urged private investors to take the opportunities in the 10 new power plants offered by the NDPHC by assuring them that the Federal Government would do everything to make sure an accountable, transparent process was put in place, and the process would be implemented using the best practices in the world.
According to him:“President Goodluck Jonathan has showed his key commitment to ensure power delivery to Nigeria in order to unleash prosperity in all sectors of our economy.
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