Fashola Charges All Stakeholders In The Power Sector To Improve Or Face Consequences

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Babatunde Fashola

 

The Minister of Power, Works and Housing has charged all stakeholders in power sector to adhere strictly to all conditions in their contract with federal government or face dire consequences. He made this assertion at Power Stakeholders Forum held at National Control Centre, NCC, Osogbo, while TCN restated its commitment to expand transmission infrastructure and improve its operation and performance within the power sector value chain.

Mr. Fashola also said all investors in the power sector were aware of opportunities and challenges before entering into agreement with federal government and investing in the sector, stressing that the present administration is prepared to implement to the letters, all conditions stipulated in the contracts, signed with it by investors in the sector and also stating that efforts are on to facilitate more payment of debt owed power distributors by federal government, noted that operations in power sector is largely in the hands of private operators and must be made to fulfil their mandate to Nigerians.

 

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About Tomide Adeyeye 424 Articles
Federal University Of Technology (FUTA) Alumnus. I am constantly overwhelmed by the power of the written word and how it can transcend genres, stereotypes, and even time itself. This fascination drives my passion for writing.

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