The Minister of Power, Prof. Chinedu Nebo, at a media chat in Abuja, on Thursday, described the privatisation of the power sector as one of the greatest achievements that could be recorded by any government.
According to him, the privatisation process was followed through diligently despite the many challenges and bottlenecks that characterised it.
Nebo said, “The handover of the power firms to their new owners is one of the greatest achievements that can be recorded by any government. And this feat has been successfully completed by this administration.
“It will interest you to know that the issue of labour alone is enough to frustrate any government if care is not taken. But despite all the complaints, challenges and bottlenecks, this government successfully transited from a public-owned power sector to a private-driven industry.”
He stated that the privatisation of the power sector put “significant pressure” on the Federal Government.
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