The Federal Government will begin the handover of the privatised power firms to private sector investors on October 1, the Bureau of Public Enterprises has said.
The Director-General, BPE, Mr. Benjamin Dikki, made this revelation in a paper presented at a breakfast meeting at the Lagos Business School on Wednesday.
A statement issued by Head of Public Communication, BPE, Mr. Chigbo Anichebe, in Abuja on Wednesday, said Dikki was represented at the event by Acting Director, Electric Power, BPE, Mr. Ibrahim Babagana.
Dikki regretted that the country did not have the capacity to supply enough gas to support the envisaged increased capacity now that the private sector was about to take over power generation and distribution in the country.
The BPE boss, therefore, called for strong incentives and support from the government to encourage private sector investments in gas infrastructure in order to boost power supply in the country.
He noted that the bulk of electricity generated in the country was through gas-fired plants, but regretted that at present, Nigeria could not supply the gas required to fire the plants.
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