Addressing State House correspondents on the outcome of a meeting on power, the Permanent Secretary, Federal Ministry of Power, Amb. Godknows Igali, said the committee was inaugurated by Vice President Namadi Sambo on behalf of President Goodluck Jonathan.
“At the end of the very successful privatisation effort, obviously a number of issues will continue to come up.
“Issues positive and some issues are those of concern. So, what has happened today is that the Vice President, on behalf of Mr President, inaugurated a standing committee that will from time to time address issues that come up,” he said.
Igali noted that the inauguration had become imperative because government monopoly over the power sector had now been moved to the private sector.
He said the committee would be looking into all technical and financial challenges facing the power sector.
He said that the committee, which would be reporting directly to the Vice President, would be chaired by himself.
Igali said other members of the committee included Director-General of the Bureau for Public Enterprises, Chairman of Nigerian Electricity Regulatory Commission, Chairman, Presidential Task Force on Power and representative of the Minister of Finance.
Others are Accountant-General of the Federation, two special advisers to the president in the office of the Vice President, Bulk Trader and other representatives of the distribution and generation companies.
Igali assured that the committee would not interfere with the activities of the new owners of the PHCN companies.
– The Punch