House of Representatives set to investigate privatisation of power sector | The Guardian Nigeria News - Nigeria and World News

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“Why we are paying for undelivered capacity in billions of naira? Something has to change.” HouseOfReps Nigeria Corruption

The House of Representatives Committee on Power, says the House has concluded plans to investigate all privatisation in the sector to ensure that the challenges being presently faced are resolved.

“This will commence by next week so that the issue of no power will be solved and Nigerians get value for their money “The President has signed the order that no project should be given to any foreign company unless there is no Nigerian company He urged the management of TCN to work with NASS, adding that the members were ready to assist them to achieve their goals.

“With the government taking the lead to create the right investment while TCN focus on implementing new technology, faster projects execution and improving operational efficiencies,” he said. “In order to drive growth in capacity utilisation, the immediate focus of the new TCN management will be on repairing existing equipment which are failing and prone to breakdowns.

 

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who still care about unfruitful probes we're used to? who ll probe their N27Bln house renovation? millions are jobless, insecurities worsen, electoral system is in shambolic! all ll hear is probe.

That's a consequence of a dysfunctional system where the few greedy aristocrats want everything atvthevgste expense of millions of Nigerians. 😔 😔 😔

Why are GenCos not complaining, but only the DisCos? Government has been reimbursing only the GenCos for unused power. The current retailing strategy for electricity in kilowatt is not ideal if you have to switch off an area to give light to other areas due inadequate capacity.

They’re not representing anybody, but themselves & immediate Families ! If they want to be Transparent & Representative, then they should reject the N27B Largesse by the Fed Govt, & direct such Funds into our Health & Educational Sector !

The house can never do good job along this line.

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