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: 826


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...
2019: I’ll work for success of PDP if...

Abia Assembly confirms Ogwe as Chief Judge

US denies not selling military equipment to Nigeria...

presidential election live updates : Ogun State

Friday Nwosu vs Ikpeazu’s Case : Theo Nkire...

BREAKING: Abia Commissioner of Education denies transfer of...

Gov. Ikpeazu flags off 2017 budget defense

APGA collapses in Isialangwa as Damian Ozurumba decamps...

Akpabio, Akume, Onu, Mamora make ministerial list

I ran a responsible Government in Enugu -...

Offa robbery: I’ve no link with band of...

"I don't know what I've done to warrant...
News Abia Election Special (5) Abia Supplementary Polls Update (18) Abia Supplementary Result update (22) Appointments (13) Breaking News (208) Business (53) Campus News (6) Crime (199) Economy (135) Education (175) Entertainment (180) Fashion and Style (4) General (1255) Health (122) Inside Africa (56) International News (311) Interviews (39) National (2069) Politics (1229) Press Releases (152) Religion (13) Security (164) Sports (462) Technology (29) World News (87)

 

 

Advertisement

 

Latest News The Legislative Blueprint of the 7th Abia state house of Assembly [PHOTOS] Suspected Port Harcourt hotel serial killer arraigned in court #RevolutionNow: Court Maintains Bail For Sowore At N100m Abducted ACP Rescued Unhurt, Two Male Suspects Arrested FG Secures $3bn World Bank Loan for Power sector I was treated like a common criminal,Impeached Kogi Deputy Governor laments Nnamdi Kanu blames FG for the death of his mother 527,815 admission spaces not filled – JAMB Ikpeazu appoints Engr Uzo as SA Project monitoring and Implementation Onyendilefu sympathizes with accident victims, thanks Gov. Ikpeazu for swift intervention

 

Most Read Islamic agenda for Nigeria – Pastor Bosun (25,788 views) 47 YEARS AFTER, HIS EXCELLENCY, COMMODORE EBITU UKIWE (Rtd) MAKES THE “OFO NDI IGBO” RECIPIENTS LIST (22,134 views) The show of shame that sealed Justice Uzokwe’s fate (18,180 views) Breaking News : Dr Okezie Ikpeazu resigns from Abia State Environmental Sanitation Agency (ASEPA). (9,223 views) Abiriba Kingdom Celebrates as Eze Kalu Kalu Ogbu (IV) marks 14th year on the throne (8,496 views) Cojoined Twins Abby And Brittany Hensel Pose in Bikini (8,091 views) Lawyers accuse Lagos Police of working for PDP (8,087 views) Ebola virus in Syria – Infecting ISIS members (7,972 views) Radio Biafra delivers AM Transmitter (7,815 views) ‘Why fuel scarcity persists’ (7,251 views)