THE Federal Government, from current happenings in the National Integrated Power Plants (NIPP) where 10 gas-fired stations are up for sale, seems to be on course with the implementation of the 2010 Power Sector Reform.
In the official circle, there is a growing belief that President Goodluck Jonathan administration is getting it right, and with the necessary political will, may achieve the 2014 target of providing stable electricity in most Nigerian cities for at least 18 hours per day.
Those who think in this way cite the successful unbundling of the Power Holding Company of Nigeria (PHCN) and its sustenance of power generation at close to 5,000megawatts(mw) for several months, compared to what they described as near zero level generation before the administration of former President Olusegun Obasanjo initiated the NIPP to build 10 thermal power stations.
Now that the power plants are being completed in less than a decade, the government has thought it wise to leave the projects in the hands of private investors, who have become better business managers across the globe than government, for better management to realize the goal of the investments.
All the lead actors in the power sector reform, including President Jonathan, Vice President Namadi Sambo, Power Minister, Prof. Chinedu Nebo, and the Managing Director and Chief Executive Officer of the Niger Delta Power Holding Development Company (NDPHC), which built the power plants, Mr. James Olotu, are optimistic that Nigerians will smile at the end of the day.
0 comments:
Post a Comment