In this interview with Udeme Ekwere, the Chairman, Technical Committee, National Council on Privatisation, Mr. Atedo Peterside, says that power reforms will boost the production level of Nigerian businesses, and help them to compete favourably with foreign firms.
Could you give us an update on the power sector reform?
Well, I can say that the power sector is a critical element in the overall National Transformation Agenda but there are also other elements apart from power, which is part of physical infrastructure. So one has to move beyond just the power sector to transportation and this is where we talk about roads, rail and so on. This is very important because one of the things that hinder businesses in Nigeria is that the business man has to provide his own infrastructure; and that’s what we want to correct because it should not be. If you have to provide your own infrastructure then you cannot compete with the outside world because they do not have to do the same. The government should focus at federal and state levels in helping the business man to meet his infrastructural needs; be it power or water or the provision of motorable roads, railway to move goods to the ports and get goods out of the ports efficiently, be it imports or exports. This is what government owes the individuals, getting the infrastructure moving efficiently.
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