The House of Representatives Committee on Power has raised the alarm over reducing power generation in the country due to alleged non release of funds for the power sector by the minister of finance, Dr Ngozi Okonjo-Iweala.
Disclosing this yesterday during a meeting with the ministry of power,Bureau of Public Enterprises (BPE), Distribution Companies (DISCOS), Generating Companies (GENCOS) and Transmission Company of Nigeria over the state of power supply in the country, chairman of the House Committee on Power, Hon Patrick Ikhariale, urged the minister to apologise to Nigerians over incessant power cuts.
being experienced in recent times.
Another agenda the committee addressed in the stakeholders meeting was the on-going privatisation process of DISCOS and GENCOS, the Role of Bureau of Public Enterprises in the privatization process, Status of the DISCOS, GENCOS and TCN and the level of implementation of the 2013 capital budget.
Ikhariale added that a joint committee on power, commercialisation and two other committees have embarked on an the investigation and will turn in its report within two weeks.
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