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Author Topic: Jonathan s commencement of Power Sector Reform Implementation  (Read 403 times)

Peter B

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President Goodluck Jonathan has directed the Ministry of Power to commence full implementation of the  Power Sector Reform  Act  to create room for private sector participation and efficient service delivery to Nigerians.

Minister of State for Power, Mr. Nuhu Wya,  who said this in Abuja, weekend, while receiving a group of foreign investors from the United Arab Emirate, UAE,  who made presentation on their planned participation in the sector, added that President Jonathan had given  mandate to commence the reform process and break all barriers that would prevent private sector players coming to invest in the sector.

“I have the clear  mandate of Mr. President to break all bottlenecks  to private investors’ participation in the power sector.We are ready to encourage you and we will create the enabling environment for you to actively invest in the sector. Our doors are open to all genuine investors,”he said.

To this effect, the minister said, “Based on Mr. President directives, we are commencing full reform of the sector to encourage the in-flow of the much-needed investment for the sector.”

Specifically, the mandate is to the effect that the Electric Power  Sector Reform Act of 2005 be fully implemented.