The Minister of Power, Engineer Abubakar Aliyu, believes Nigerians will soon begin to experience a turnaround in the power sector.
In a statement commemorating his 50th day in office, Aliyu said the Federal Government is aware of the challenges facing the sector and is working to resolve them.
He noted that the government is focusing on improving liquidity in the sector, improving services in terms of hours of supply, billing transparency and accuracy, and wider access to electricity.
The Minister added that the government is working to explore opportunities that will, in the short term, deliver the much-desired quick wins while still focusing on the long-term objectives of increasing the available power.
Part of government’s efforts, he said, is the review of the operational licences of electricity generation and distribution companies following poor service delivery in the sector.
“Hopefully, we will soon begin to experience the imminent turn around in the power sector.
“We are determined to deal with some policy issues, the legal and regulatory bottlenecks, and the human factors involved in the implementation and coordination of the power sector’s road map.
“Though clearly a work in progress, let me assure you that the viability of the sector is not in doubt. As much as it is a capital-intensive sector and currently in need of massive injection of fresh capital, we are making steady progress,” the Minister said.
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