Nnaji calls for segmentation, privatisation of power transmission to competent coys

By Factnews on 30/06/2017

Share on facebook Yahoo mail icon Gmail icon

Views: 1,021

Former Minister of Power, Prof. Barth Nnaji on Thursday called for the segmentation of power transmission lines to improve electricity supply and check national grid breakdown.

“When segmented, the lines should be privatised to renowned electricity transmission companies that have the competence to manage it and expend on it as agreed,’’ Nnaji said.

The former minister spoke while delivering a presentation at a public discourse; `The Big Ideas Podium’’. The public discourse, which was themed: “Electricity: Key Ingredient for Nigeria’s Economic Development and Unity’’, was orgainsed by African Heritage Institution (Afri-Heritage).

He said that with competent companies handling transmission and with a reasonable mandate and time-line, they would improve the capacity, which would then aid the vacation of more power as well as allow the power generating stations to work at full capacity.

Nnaji said that why the transmission company was not privatised initially was due to open access issue; where the government wanted the power generating companies to easily upload power to the national grid. He noted that for a country of about 190 million people to be generating and using an average of 4,500 megawatts of electricity was “very bad’’

According to him, the abysmal electricity production and transmission has continued to breed low productive capacity. “We need reliable electricity for economic growth. Electricity is all pervading in an economy. Reliable electricity leads to stability of the nation. Economic growth and stability lead to unity,’’ he said. On the generation of power, Nnaji, who is a professor of Robotic Engineering, said that the country needed clusters of Independent Power Project (IPP) as well as other clusters of investment in all aspects of the electricity sector.

 “Low electricity supply has retarded growth of the informal and small business sectors and made cost of energy to rise up to 40 per cent of total production alone. “Thus, weaken the international competitiveness of Made-in-Nigeria products,’’ he said. He enumerated some of the contemporary challenges facing electricity investors, which include non-permanent cost reflective tariff; issue of gas availability to turbines and transmission constraints.

Others he said include the value-chain of power misalignment; lack of the commercial knowledge of government functionaries to electricity issues and lack of will to enforce contracts, laws and policies in the sector. (Vanguard)



Posted on June, 30 2017

Share on facebook Yahoo mail icon Gmail icon

You may also like...
PDP writes May, Merkel accuses Buhari of abusing...


Unity Forum of the Senate Urge to Step...

Change your Strategy and Tactics for fighting corruption,...

'Nigeria has Doctors in surplus, whoever wants to...

Onnoghen: CCT adjourns trial indefinitely

Army set to deploy troops for polls

Nnamdi Kanu is in London, he went through...

Ikpeazu appoints Prof. Mkpa as ABSIEC chairman

Dangote, Putin,Others named Forbes most powerful persons in...

Giwa resumes at NFF office amidst chaos

Buhari: APC insists on international probe





Latest News #SouthernKaduna killings: El-Rufai advises wife Hadiza on how to deal with Twitter trolls COVID-19: Bauchi Deputy Governor Tests Positive 55 year olds and above should stay away from churches,mosques -FG Covid-19 patient escapes from Isolation center in Delta state JUST IN: Gov. Ikpeazu tests negative to covid-19 as two aides were confirmed positive I'll stand by you, President Buhari tells Akinwumi Adesina Manchester United extends Ighalo's loan deal to January 2021 Bayelsa govt seals six churches for violating covid-19 safety protocols CBN gives 2-weeks ultimatum to banks on ATM, e-banking complaints Abia Exco members to undergo Covid-19 test


Most Read Islamic agenda for Nigeria – Pastor Bosun (27,361 views) 47 YEARS AFTER, HIS EXCELLENCY, COMMODORE EBITU UKIWE (Rtd) MAKES THE “OFO NDI IGBO” RECIPIENTS LIST (24,222 views) The show of shame that sealed Justice Uzokwe’s fate (18,714 views) Breaking News : Dr Okezie Ikpeazu resigns from Abia State Environmental Sanitation Agency (ASEPA). (10,369 views) Cojoined Twins Abby And Brittany Hensel Pose in Bikini (10,230 views) Abiriba Kingdom Celebrates as Eze Kalu Kalu Ogbu (IV) marks 14th year on the throne (9,487 views) Give birth to only children you can cater for - Emir of Kano, Sanusi tells Nigerians (8,694 views) Lawyers accuse Lagos Police of working for PDP (8,671 views) Radio Biafra delivers AM Transmitter (8,587 views) Ebola virus in Syria – Infecting ISIS members (8,489 views)