A Review of the Nigerian Energy Industry

Effects of power sector privatisation to be felt soon – Jonathan

Jonathan-G-E27 August 2013, Abuja – President Goodluck Jonathan said in Abuja that with the successful conclusion of the sale of the country’s power generation and distribution companies, Nigerians will soon begin to enjoy the positive benefits of the privatisation of the sector.

Speaking while receiving in audience a delegation of the Anioma Peoples’ Congress led by the Asagba of Asaba, Prof. Chike Edozien, President Jonathan confirmed that all successful bidders for the power generation and distribution companies had completed the payments required to complete the sales process which, he said, was conducted in conformity with globally accepted standards and best practices.

“We are fully conscious of the centrality and importance of adequate power supply for our developmental efforts. We have challenges in the sector but we are constantly working to overcome them”, he said.

– This Day

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