The Power Distribution Companies have said there is need to have an environment that guarantees cost recovery to drive further investments in the privatized sector.
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Investment: FG to restructure power sector for improved supply — Osinbajo – Daily TrustThe Vice President, Prof. Yemi Osinbajo says the Federal Government is discussing with stakeholders on ways to restructure Nigeria’s power sector with a view to improving supply and attracting more investment to the country. Osinbajo stated this in Abuja on Tuesday at a Breakfast Meeting of the Lagos Business School.ADVERTISEMENT He expressed the Federal Government’s … ProfOsinbajo This will be welcome idea, I've been to different countries and their power supply always ON. I think we can implement such an idea. If Nigeria power supply can be like MTN, ETISALAT, GLO, in the sense that if you don't recharge you'll not have lights ProfOsinbajo His excellency, I strongly believe in this administration that in this second term there's gonna be drastically change in Nigeria. But the main paramount is Security God blessed Nigeria ProfOsinbajo Sir, we actually appreciate your efforts but Sir, if you still have faith in DISCOs after they failed all the agreement done before the privatization of the power secter you are very wrong, don't ever think there will be any improvement with the current DISCOs
Source: Daily Trust - 🏆 13. / 51 Read more »