FG To Implement Indian Power Sector Model

Chinedu-Nebo-Prof-Power-Minister-Nigeria

The Federal Government has said that it has concluded plans to explore ways of implementing the Indian power sector model, in order to further boost the nation’s capacity to generate more electricity power.
Minister of Power Prof. Chinedu Nebo, who disclosed this to newsmen in Abuja, said that privatisation of power sector would not be successful without the cooperation of investors and consumers.
Nebo said that the Nigerian power sector which was still in a transitional stage after the privatisation, still had a lot to learn from the Indian experience .
According to him, this is because of the peculiarity between both nation’s power sector, and urged the Nigerian public to develop energy conservation culture and manage existing power infrastructure.
He said the ministry would soon summon a stakeholders forum of all generating and distribution companies and the regulating bodies to take a closer look on how India transformed its power sector.
The minister also said that an Indian delegation was to visit the National Council on robust discussion on future development.
Nebo also assured that the Federal Government was committed to achieving 10,000 Mega watt by the end of the year despite the challenges.
He regretted that Nigeria is still years away at the threshold, which according to him, the country generates a meagre 4,000 megawatt for a population estimated to be at 170 million people.

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