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Power Minister, Prof Chinedu Nebo
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By Festus Akanbi
The various power sector investors that
bought into the Federal Government’s power privatisation programme last year
may have given fresh conditions before they end the current lull in investment
in the sector.
They were said to be asking for the gas
sector’s fiscal regime to be improved before they proceed with investments of
any significance.
Although the handover of power assets to
the new owners by the Federal Government had been celebrated as the beginning
of a robust power sector regime, with anticipated improvement in power
generation and transmission, the reality is that output from the sector has
been less than satisfactory.
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