“Why we are paying for undelivered capacity in billions of naira? Something has to change.” HouseOfReps Nigeria Corruption
The House of Representatives Committee on Power, says the House has concluded plans to investigate all privatisation in the sector to ensure that the challenges being presently faced are resolved.
“This will commence by next week so that the issue of no power will be solved and Nigerians get value for their money “The President has signed the order that no project should be given to any foreign company unless there is no Nigerian company He urged the management of TCN to work with NASS, adding that the members were ready to assist them to achieve their goals.
“With the government taking the lead to create the right investment while TCN focus on implementing new technology, faster projects execution and improving operational efficiencies,” he said. “In order to drive growth in capacity utilisation, the immediate focus of the new TCN management will be on repairing existing equipment which are failing and prone to breakdowns.
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