Afam Power Plant
Text Box: Says teething issues unavoidable
Major Complaints
•Load allocation below assumptions in MYTO model
•Confusion over when electricity consumers will start to pay bill
•Lack of Gas and the attendant poor power delivery
•Erosion of public confidence on the capacity of new investors in power firms.
Festus Akanbi
The Federal Government at the weekend responded to the tale of woes by new investors in the power sector, saying it was not under any illusion that the new dispensation in the sector won’t face some challenges before the return of stability in the operation of the new owners of power firms.
The clarification came on the heels of a harvest of complaints by new investors in the sector barely 27 days after taking over the operations of successor generation and distribution companies of the defunct Power Holding Company of Nigeria (PHCN).
The investors, who spoke at a meeting in Abuja, last week, disclosed that their reality checks on the power systems they took over indicated that the system seemed to be “upside down.”
But responding to the complaints of the new investors, Chairman Presidential Taskforce on Power Mr. Beks Dagogo-Jack explained that every major sector reform exercise was bound to face teething problems.
“No one in government gave an impression that the minute we handed over, all our electricity problems would vanish,” he said, adding that a reform program was akin to a pregnancy.
“For nine months, you focused on the mother and after the baby is born, you shift more attention to the nurturing of the baby who is more vulnerable than the mother.”
No comments:
Post a Comment