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No going back on privatisation of power sector – FG

By on March 15, 2013

The Federal Government said on Thursday that there was no going back on the decision to privatise the power sector. The Minister of Power, Prof. Chinedu Nebo, said this in a statement by Timothy Oyedeji, Deputy Director/Head of Press of the ministry in Abuja.

It said that the minister stated this when USAID delegation paid him a courtesy visit.
The statement said there was no going back on contents and details of the approved Road Map.

It expressed appreciation of the work done by USAID, especially in the area of capacity building. It added that the ministry needed more help to strengthen institutions and plans implementation.

The statement said that some gaps had been identified by the government while approval had been given to include them in the second road map.

It called for more investments from genuine investors to come and take advantage of the revolution that was about to happen in the sector.

The statement said the minister likened the development that would happen in the sector to that of telecommunications.

[Daily Times]