THE new Minister of Power, Prof. Chinedu Nebo yesterday warned the Electricity Distribution Companies (DISCOs) that any officer caught sabotaging revenue collection would be made to face the law.
Speaking in Abuja during the technical retreat of the Presidential Task Force on Power (PTFP) on the review of the power sector roadmap, he urged the DISCOs to be serious in their operation in the next few months before they are handed over to the preferred bidders.
His words: “Any of the officers in the distribution companies found to be sabotaging the revenue collection targets of the market will be made to face the full wrath of the law.”
Nebo emphasised that government would not tolerate complacency and ineptitude of companies that constitute additional liabilities through the misconduct of these companies.
The managers of the Transmission Company of Nigeria (TCN) also got a harsh warning from the new minister, who ordered them to either stop the frequent system collapse in the grid or face the sack.
He pointed out that the ministry was concerned about delay in project delivery in the sector and vowed to sort it out.
“I have observed with grave concern the increasing frequency in system collapse of our grid and hereby encourage the operatives of this segment in the TCN to be extra diligent and vigilant.
“I shall not entertain frivolous reasons for continued system collapse. Owners of this process must sit up or be prepared to ship out,” he said
According to the minister, in the absence of “a major shift towards improved efficiency in project delivery across the value chain, especially in the transmission segment,” development of a sustainable private sector-driven power market in Nigeria would be frustrated.©Standard Gazette, 2021. Unauthorized use and/or duplication of this material without express and written permission from this site’s publisher is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Standard Gazette with appropriate and specific direction to the original content.