FG to Put Stronger Regulatory Frameworks in Place for Power Sector – BPE

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The Director- General, Bureau of Public Enterprises (BPE), Benjamin Dikki has said that the Federal Government has put in place modalities to drive the power sector for growth, just as it has driven the telecommunication industry for better performance.

The modalities, according to him, include making the bodies such as the Ministry of Power and the Nigerian Electricity Regulatory Commission (NERC) to provide stronger regulatory frameworks that would help in developing the sector and the introduction of a competitive environment for operators, among other initiatives.

Speaking in Lagos at a stakeholders’ meeting, Dikki said the need to make the power sector more competitive and vibrant is imperative for the growth of the economy.

The meeting, which had the Minister of Power, works and housing, Mr Babatunde Fashola, the Chief Executive Officers of Eko ElectricityDistribution Company(EKEDC),Oladele Amoda, Ikeja Electric, Mr Abiodun Ajifowobaje, and other stakeholders, was at the instance of the management of Egbin Power Company Plc.


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