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Monday, January 27, 2014

Manitoba’s woeful performance

 
It was refreshing reading reports last week that the Federal Government was reviewing the contract awarded to Manitoba Hydro International Nigeria Limited to manage the Transmission Company of Nigeria. We commend the government’s action, but wonder why it allowed the World Bank and the Department of International Development (DFID) to weigh in on the matter thereby sparing Manitoba the ignominy of being kicked out. We hereby call on the Federal Government to terminate immediately the contract awarded to Manitoba for not meeting the targets set in the contract.
It has been a tale of woes for Nigerians concerning the power sector who by now are tired of the worn out refrain that there was no investment in electricity just as no new power plants was built from 1989 to 1999. Going by the experience of the average Nigerian, particularly in the last festive period, the situation is pretty bad. We have had cause to lament on these pages in the past that the N5 trillion ($31.45 billion) said to have been spent on the power sector from 1999 till 2013 has been merely to generate darkness just as Manitoba’s inefficiency speaks volume.
 
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