18 December 2012

Nigeria: FG Plans Restructuring of Power Ministry

There is an indication that the Federal Ministry of Power would be restructured after the conclusion of sale of successor companies of the Power Holding Company of Nigeria (PHCN).

Minister of State for Power, Hajiya Zainab Kuchi, dropped the hint at the fifth national power sector retreat in Lagos, with a theme: "Strategies towards consolidating sustainable power supply in a privatised industry".

According to the minister, the essence of the restructuring was to deal with the new and inevitable challenges that will come with reforms in the power sector.

She explained that the restructuring exercise would afford the ministry a better and focused platform to undertake its roles in the emerging Nigerian Electricity Supply Industry (NESI) at the same time giving it defined direction in this regard.

"By 2013 the industry is expected to be more private sector-driven, especially as we hope to witness the commissioning of many Independent Power Projects (IPPs)."

The minister also sought for the cooperation of local and international development partners, in ensuring sustainability of power supply along the electricity value chain.

Lagos State Governor, Mr. Babatunde Fashola , who was represented by the State's Commissioner for Energy, Mr. Taofik Tijani, noted that the state had implemented a lot of power projects, among them, the 10 megawatts IPP in Marina and 10 megawatts IPP in Alausa.

Copyright © 2012 This Day. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.