We Have A Clear Power Sector Reform- Osibanjo

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Higher Tariff Payment Is Inevitable- Osibanjo

The vice president Yemi Osibanjo in a meeting with a delegation of the World Bank and the International Finance Corporation says the Federal Government has devised a clear pathway to achieving its power sector reform objectives.

The delegates of the World Bank and the International Finance Corporation was led by Mr. Riccardo Puliti, Senior Director of the bank’s Global Energy Practice.

Osinbajo said: “We are completely committed to ensuring that we play our part in the arrangement and we think that this possibly is one of the clearest pathways in a long time”.

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He lauded the partnership between the Federal Government and the World Bank team for the commitment and support shown to the implementation of the power sector recovery programme.

He said the partnership had helped Nigeria a great deal with the timelines and milestones achieved “and in refining our own approach to the entire reform process”.

Earlier, Puliti had expressed satisfaction with Federal Government’s commitment to the power sector reform, saying the partnership between the World Bank and Nigeria would add a great value to the nation’s power sector.

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