National grid: Stop your pretence, Sowore knocks Atiku

“Due to the priority that I place on the power sector upon which the successes of other sectors are hinged, I am proposing innovative financing of infrastructure that will involve the facilitation of a review of the financial, legal, and regulatory environment to promote private investment in power, among other sectors.

“I’ll promote the incentivisation, with tax breaks, a consortium of private sector institutions to establish an Infrastructure Debt Fund to primarily mobilise domestic and international private resources for the financing and delivery of large infrastructure projects across all the sectors of the economy. The IDF will have an initial investment capacity of approximately US$20 billion.

“In addition, I’ll cause the creation of an Infrastructure Development Credit Guarantee Agency to complement the operation of the IDF by de-risking investments in infrastructure to build investor confidence in taking risks and investing capital. -AA” But reacting to Atiku’s intervention, Sowore alleged that the mismanagement of President Olusegun Obasanjo’s administration under which Atiku served as Vice President was responsible for the recurrent grid collapse.

He wrote, “The National Electrical grid collapse started when you and Obasanjo invested $16 billion to procure darkness for Nigeria, the @MBuhari regime came to gazette grid collapse as a law. Alhaji @atiku, don’t pretend that you care about the National Grid! #WeCantContinueLikeThis”All rights reserved.

For once, I agree with YeleSowore, but from a different angle. How can a man whose major business is the importation of generators to the country be concerned about the National grid. In fact, the near collapse of the National grid works in his favour.

Nigerian politicians have almost made the people believe that uninterrupted power supply is not possible in Nigeria, but they will all be alive to see uninterrupted power supply happen in Nigeria in the nearest future.

IFB immediately Patrick77641556

They should tell him ooo

Thank you Mr Sowore.

Sowere should go and sit down.. What meaningful contribution has he made on national discuss to improve the sector? All he does is protest and attacks on personalities.

MubarakFaruk5

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